Foreclosure Prevention

The City of Tampa's Housing & Community Development (HCD) Staff provides Foreclosure Prevention Counseling and assistance through various programs and services.

Foreclosure Prevention Counseling assists with the following:

  • Budget Preparation
  • Contacting Servicer / Mortgage Lender to discuss available options
  • Reviewing and filling out necessary mortgage documentation
  • Develop and maintain both verbal and written communication with the Homeowner

Florida Hardest Hit Fund (HHF)

First announced on February 19, 2010, by the US Department of the Treasury (Treasury), the “Housing Finance Agency (HFA) Innovation Fund for the Hardest-Hit Housing Markets” (HFA Hardest-Hit Fund) provides federal funding to states hardest hit by the aftermath of the burst of the housing bubble. To date, $7.6 billion has been allocated to 18 states and the District of Columbia; Florida’s share totals more than $1 billion.

The Florida Hardest-Hit Fund (HHF) Programs are as follows:

Unemployment Mortgage Assistance Program (UMAP) 

Provides up to 12 months of payments (with a cap of $24,000, whichever comes first) paid directly to the mortgage lender to assist unemployed or underemployed borrowers with their first mortgage. In addition, up to $18,000 can be paid to help satisfy all or some of any past due amounts owed to the mortgage lender; this assistance will be paid prior to the UMAP payments beginning and cannot exceed $18,000 total. Total assistance available is up to $42,000.

Mortgage Loan Reinstatement Payment (MLRP) Program

Used as a one-time payment to the mortgage lender to help satisfy all or some of any past due amounts owed on the first mortgage, only. This assistance cannot exceed $50,000 total, and any past due amounts over and above the $50,000 cannot be paid by the MLRP program and are the responsibility of the homeowner.

The Florida HHF Principal Reduction (HHF-PR) Program

Designed to assist eligible homeowners by providing up to $50,000 to reduce the principal balance of the first mortgage, only, thereby reducing the loan-to-value (LTV) of the first mortgage to no less than 100 percent.

If you have any questions or would like to apply to one of our programs please contact our office at 813-274-7954.