Representative Jervonte Edmonds (D-West Palm Beach) announced the introduction of House Bill 329 to reestablish the Homeowner Assistance Fund (HAF) in Florida. The HAF is designed to help homeowners who are struggling to make their mortgage payments, pay for home energy services, or afford other housing-related expenses.
“The COVID-19 pandemic along with inflation has caused financial hardship for many Floridians, and many homeowners are struggling to keep up with their mortgage payments and other housing costs,” said Representative Edmonds. “The HAF will provide much-needed relief to these homeowners, helping them to stay in their homes and avoid foreclosure.”
The program will be administered by the Florida Department of Commerce, which will be responsible for developing the rules and income eligibility requirements for the program.
Homeowners who are eligible for assistance under the HAF will be able to use the funds to pay for a variety of housing-related expenses, including mortgage payments, home energy bills, property taxes, homeowner or condominium association fees, and flood insurance.
“The HAF is a vital tool that we can use to help homeowners who are struggling to keep up with their housing costs,” said Representative Edmonds. “I urge my colleagues in the Legislature to support this important bill.”