As more than 1 million homeowners exit forbearance over the coming months, states are solidifying plans to disperse close to $10 billion from the federal Homeowner Assistance Fund (HAF). The fund is designed to prevent foreclosures, losses of utilities, and other hardships that have emerged during the pandemic. Taking cues from the distribution of emergency rental assistance, as well as the Hardest Hit Fund from the Great Recession, states can deploy these funds most strategically by identifying borrowers at greatest risk of default, as well as by supporting homeowning households of color before time runs out.

Join the Urban Institute for a virtual event exploring the data and geography of distressed borrowers, along with a new tool to help policymakers and agency staff allocate funds. Hear from policymakers, housing industry experts, and state representatives as we discuss challenges, roadblocks, and solutions to deploying these funds.