HAF Program Cycle 2 Pre-Application Period Open for Eligible Applicants
Hagåtña, Guam – The Leon Guerrero-Tenorio Administration continues to encourage homeowners facing financial hardship to apply for the Guam Homeowner Assistance Fund (HAF). The HAF program opened Cycle 2 of its pre-application period on Monday, April 11, 2022, and will run through Friday, April 22, 2022. Administered by the Department of Administration (DOA), HAF offers financial support to homeowners who have struggled to keep current on mortgages and housing expenses due to the COVID-19 pandemic.
“In support of Guam’s families, we have worked diligently to distribute $1.2 million in relief funds to assist 310 homeowners and cover overdue payments for their mortgages, utilities, or property taxes,” said Acting Governor Josh Tenorio. “We continue to invite residents to apply for relief today by downloading the application at doa.guam.gov or visiting the HAF office. Together, we are making more progress as we stabilize and strengthen our island’s recovery.”
The HAF program provides up to $15,000 in financial aid per homeowner to address mortgage delinquencies, defaults, and foreclosures. Funds awarded from the program are issued directly to the lender, utility, or tax agency on behalf of the homeowner. To qualify for assistance, eligible applicants must have experienced reduced income or an increase in living expenses due to the COVID-19 pandemic after January 21, 2020. Applicants must currently own or occupy a home in Guam as their primary residence and meet the program’s household annual income bracket. In addition, mortgage, utility, and property tax accounts must be past due as of the initial relief payment. Qualified homeowners who received the full $15,000 payment in HAF Cycle 1 are not eligible for HAF Cycle 2. Applications are available for download at doa.guam.gov or can be picked up at the HAF office on the 2nd Floor, Suite 215, of the ITC Building in Tamuning.
For more information, contact HAF at 671-638-3814/3815 or visit the HAF office on the 2nd Floor, Suite 215, of the ITC Building in Tamuning.