While the law that included the Homeowner Assistance Fund was signed in March of 2021 and TDHCA began collecting public comment on the fund in September of 2021, TDHCA said in an email it is still taking steps “to ensure the program is running according to the plan outlined to Treasury, while being mindful that the process works as seamlessly as possible for homeowners.” “So that money was needed yesterday,” said Amir Befroui, managing attorney for the nonprofit Lone Star Legal Aid’s Foreclosure Prevention Project. On : Houston-Harris County rent relief gets a lifeline with $13 million in additional funding Tuesday’s foreclosure auction will be the third to have taken place in the gap between federal foreclosure protections expiring and the federal Homeowner Assistance Funds reaching Texans. Protections put in place by the Consumer Financial Protection Bureau that limited companies that process loan payments from starting the foreclosure process on most delinquent mortgages expired at the end of 2021. That has thrown those who had counted on the fund launching before the next foreclosure auction in a lurch. TDHCA said that while it had told local organizations and city and county leaders a preliminary launch date, it had not made a formal announcement as to when the fund would open statewide, and that it anticipates launching in the next two weeks. 21 came and went, and the Texas fund - $842 million meant to ease financial hardships associated with the pandemic by helping with mortgage, tax, insurance and HOA payments - had not opened.
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