Emergency Homeowners’ Loan Program

The Department of Housing and Urban Development's Assistant Secretary for Housing Federal Housing Commissioner administered the Emergency Homeowners' Loan Program (CFDA 14.323) to assist homeowners at risk of foreclosure due to involuntary unemployment or underemployment caused by adverse economic or medical conditions, with the most recent grant award disbursed on January 26, 2012.

This program is no longer active. The five total grants on record were awarded between September 2011 and January 2012, with no funding activity in the subsequent 14 years and 8 months. The program funded emergency homeowner relief in Puerto Rico and 32 states not covered by Treasury's Innovation Fund for Hardest Hit Housing Markets program, allocating assistance based on relative unemployment measures.

The portfolio consisted predominantly of Project Grants (four awards, 80 percent) with one Cooperative Agreement (20 percent). HUD was the sole funding agency across all five awards, obligating $51.1 million in combined federal dollars. Representative awards include a Project Grant of $23 million obligated on September 30, 2011 for emergency homeowners relief (completion target May 31, 2014); a Cooperative Agreement of $12.6 million obligated on September 23, 2011 for the program's core homeowners relief mission (completion target January 31, 2016); and a Project Grant of $21.9 million obligated on September 28, 2011 for emergency homeowners relief (completion target May 31, 2014).

No current grant opportunities are posted under this Assistance Listing. The program's authorization and funding mechanism appear to have sunset following the 2012 award cycle. Organizations should not pursue this program; it presents no active funding pathway.