Qualifying Homeowners Now Eligible for up to $26,550 through HAF Program
Hagåtña, Guam – The Leon Guerrero-Tenorio Administration announces the expansion of eligibility requirements providing more families access to mortgage relief through the Guam Homeowner Assistance Fund (HAF) Program. The Department of Administration (DOA) is resuming the HAF Cycle 4 pre-application period beginning today, October 17, 2022.
“Effective immediately, eligible homeowners on Guam can receive up to $26,550 in financial assistance for housing expenses. This benefits at least 200 homeowners expected to reach the prior limit of $15,000, but now will receive increased relief from the expanded threshold,” said Governor Lou Leon Guerrero. “Our Administration remains committed to securing every opportunity for relief to empower the people of Guam through recovery.”
“With guidance from the U.S. Department of the Treasury, DOA worked to update the HAF Program terms to reflect the financial hardship homeowners continue to experience,” said Lt. Governor Josh Tenorio. “Through the dedication of our local government workers, to date we have delivered $5 million in financial assistance to help 940 homeowners with their mortgage, utilities, and property payments since January 31, 2022.”
The HAF Program now provides financial assistance of up to $26,550 to be used for qualified expenses per eligible household experiencing hardship due to the pandemic. The program has further adopted the U.S. Department of Housing and Urban Development (HUD) 2022 Income Limit for Guam, which expands access to relief for more homeowners.
| 2022 HAF Income Limit for Guam (150% Area Median Income) | ||||||||
| Household Size | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Income | $90,000 | $91,600 | $103,050 | $114,450 | $123,650 | $132,800 | $141,950 | $151,100 |
The HAF Program application is available at doa.guam.gov and at the HAF Program office located at Suite 215 on the 2nd floor of the ITC building in Tamuning or at the Government of Guam Relief Center on the 3rd floor of the Bank of Hawaii building in Hagåtña.
For more information, visit doa.guam.gov or contact the HAF office at 671-638-3814/3815 or the Guam Relief Center at 671-475-2060.
###