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Treasury Announces Additional Investment in Hardest Hit Fund

Treasury Department press release issued last Friday (2/19/2016) (https://www.treasury.gov/press-center/press-releases/Pages/jl0358.aspx ) announcing additional funding for the Hardest Hit Fund. In it Treasury Secretary Lew is quoted as saying:

“Today’s announcement is the next step in the Administration’s effort to help struggling homeowners recover from the financial crisis, and strengthen the housing recovery,” said Treasury Secretary Jacob J. Lew. “Thanks to a bipartisan group of members of Congress who helped secure additional funding for the Hardest Hit Fund, we will be able to provide significant resources to hard hit states and target these critical resources towards programs that we know have helped Americans avoid foreclosure, and stabilized housing markets, including blight elimination programs.”

Additional links to the HHF program:

https://www.treasury.gov/initiatives/financial-stability/TARP-Programs/housing/hhf/Pages/Program-Purpose-and-Overview.aspx

https://www.treasury.gov/connect/blog/Pages/Treasury-Provides-New-Quarterly-Reporting-on-the-Hardest-Hit-Fund.aspx

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