STATEWIDE GOVERNMENT FURLOUGHS CLOSE AGENCY OFFICES
Due to statewide government furloughs, ADOH offices will be closed on Friday, July 23, 2010. Offices will re-open on Monday, July 26, 2010 at 8:00 am.
For additional information, visit the Arizona Department of Administration website: http://www.azdoa.gov/news/furloughs.asp
US Treasury Announces $125.1 million in assistance for Arizona foreclosures
In March 2010, President Obama and the U.S. Treasury announced that Arizona would receive $125.1 million in funding from the federal government’s Troubled Assets Relief Program (TARP). The Treasury program has also been referred to as the Hardest Hit Fund, and is designed to address the housing foreclosure crisis. Arizona, which has the second highest rate of foreclosures in the nation, was one of five states to receive this award. Since the initial announcement in March, five additional states have been slated to receive similar assistance.
Arizona Department of Housing (ADOH) officials have been working closely with the U.S. Treasury, mortgage service lenders, and others to develop a plan for utilizing this assistance. In June the U.S. Treasury plans to announce the approval of Arizona’s program plan. To view basic information on that plan click here.
While the Arizona program expects a green light from Treasury officials in June, much work still lies ahead in order to launch the new program called Save My Home AZ. The Arizona program is expected to become available for homeowners to access in early September. ADOH will be working with 22 HUD-approved counseling agencies to work with homeowners facing foreclosure, and homeowners will be able to apply for the assistance on-line, through a link that will be available through the agency’s website, www.azhousing.gov, or by calling toll-free at 1-877-448-1211, to be connected with one of the counseling agencies.
Until the program becomes available, homeowners facing foreclosure may wish to access free counseling services by calling 1-877-448-1211. 06/21/10
COMMENTS AND PUBLIC HEARING FY2011 Second Annual Action Plan
The Arizona Department of Housing will accept public comments on the FY 2011 Second Annual Action Plan from April 1, 2011 through May 1, 2011 at 5:00 pm. See IB 10-11 for additional information. The draft plan can be downloaded on the ADOH website on the Publications page.
A public hearing will be held on April 20, 2011 at 10:00 am at the ADOH offices, 1110 W. Washington, Suite 280, Phoenix, AZ. 4/1/11
PUBLIC HEARING FOR QUALIFIED ALLOCATION PLAN SCHEDULED
A Public Hearing to discuss the 2011 Qualified Allocation Plan has been scheduled for November 29, 2011 from 9:00 am to 11:00 am at the Carnegie Library, 1101 W. Washington, Main Floor, Phoenix.
For information, contact Marla Charlesworth | (602) 771-1030 + firstname.lastname@example.org
Save My Home Arizona Program in the News
See Reginald Givens, ADOH NSP Administrator explaining the Save My Home AZ program on NBC Channel 12 News on Wednesday, June 23. 6/24/10