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May a household who is currently approved for forbearance or other workout agreement with a mortgage lender receive AHP subsidy to rehabilitate their home?

April 26, 2017Agreement ahp Approved Currently forbearance household Lender mortgage workout

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May a household who is currently approved for forbearance or other workout agreement with a mortgage lender receive AHP subsidy to rehabilitate their home?

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• • No. Since the AHP subsidy is a recoverable grant, the owner-occupant must be creditworthy and financially responsible. Any delinquency with a primary lender places the security of the AHP subsidy at risk.