Indiana Homeowner Assistance Fund (IHAF) Program Design Survey

IHCDA has been appointed to operate the federal government’s new mortgage assistance program. The U.S. Department of Treasury is providing funding through the Homeowners Assistance Fund established under the American Rescue Plan Act of 2021.

The program will be developed during the summer under the supervision of the Department of Treasury, which will include a limited test program to assess a proposed plan.

Additional information from the Department of Treasury is available at https://home.treasury.gov/policy-issues/coronavirus/assistance-for-state-local-and-tribal-governments/homeowner-assistance-fund.

Please answer the questions below to provide your input on how the funds should be used.

Question Title

* 1. Select the role that best describes you. (Select one)

First Mortgage Lender

Home Improvement Lender

Mortgage Servicer

Real Estate Professional

Community Builder (Community Not-For-Profit and Neighborhood Organization)

Housing Developer or Contractor

Homeownership Counselor or Financial Educator

Housing Advocate

Federal, State, Local, or Tribal Government Employee or Official

Philanthropic Funder

Concerned Citizen

Other (please specify)

Question Title

* 2. Which of the following should be the higher priority of the program? (Select one)

Providing more assistance to the homeowners most at-risk of being displaced, which will limit the overall number of households served

Assisting the largest number of eligible homeowners, which will limit the amount of assistance per household

Unsure

Question Title

* 3. With COVID-19 Homeowner Assistance Funds, we will have the option of providing various type of assistance. Please rank the following 10 needs in order of importance of being covered by the program, with 1 being the most and 10 being the least important.

Question Title

* 4. Which of the following should be the higher priority for the program? (Select One.)

Finding and assisting the homeowners who are most at-risk of displacement

Processing applications as quickly as possible

Unsure

Question Title

* 5. The federal guidelines require a portion of funds be used to assist people who have been subjected to racial or ethnic prejudice or cultural bias because of their identity as a member of a group, without regard to their individual qualities. Because of these prejudices and biases, these groups experience disadvantages in housing stemming from circumstances beyond their control. Indiana Housing has identified Black, Indigenous and people of color, as well as people with disabilities, as groups in Indiana who meet this definition. Are there any other individuals that you feel meet the definition?

Question Title

* 6. How should Indiana Housing structure the program and the assistance to have the biggest impact for homeowners and reach those most at-risk of displacement?