Yardi’s Homeowner Assistance Fund Software Helps Mortgagees Affected By COVID-19 Get ARP Funds
The American Rescue Plan (ARP) has assisted renters impacted financially by the COVID-19 pandemic, and now it is also helping mortgagees with its Homeowner Assistance Fund (HAF). HAF software can make the whole process easier for both agencies and mortgagees, and Yardi’s integrated Mortgage Relief platform provides just that: a secure, incorruptible solution to check applicant eligibility, view financial data and pay out money efficiently.
The Homeowner Assistance Fund and who it assists
The HAF funds are given out by states and other governmental entities, and may be targeted to cover mortgage payments, utility bills and some types of home maintenance expense. This can be vital in helping homeowners avoid defaulting on their mortgages or facing foreclosure of their homes.
Homeowners may be eligible to receive HAF funding if they suffered financial hardship after January 21, 2020 and are not high income earners. The US Treasury has encouraged states and other territories participating in the HAF scheme to initially target populations considered to need it most. They started with $9.3 billion in March 2021.
Yardi’s new Mortgage Relief platform can help struggling homeowners get funds to navigate pandemic-inflicted hardship
Many struggling homeowners would welcome assistance from the HAF, but only if they can successfully access it. Applying for funding — especially a new type of funding — can be complicated and take time, and here’s where Yardi’s Mortgage Relief platform enters the scene. It is designed to integrate and streamline the whole procedure, including optimization so that it can process applications in weeks rather than months, helping both applicants and any organization which uses it.
We’re excited that this all-in-one solution is implementable now for government agencies as they work to effectively distribute ARP funds,” said Jeff Bischoff, senior director of sales at Yardi. “Mortgage Relief provides a seamless way to collect applications, manage cases, make payments securely and monitor program performance.
Yardi brought a lot of insight to the task from the development of its Rent Relief software, which has been used to manage more than $1 billion in 15 states. The Mortgage Relief portal was in fact created using considerable knowledge about what makes an online service user-friendly, with a clear focus on usability and functionality.
How the Mortgage Relief platform works
An application for financial help from the HAF can be made online with Mortgage Relief by the homeowner, an organization to which they need to pay money, or a proxy. There is also a portal for verifying loan details. Yardi provides a technical support center, accessed by way of a dashboard, which can assist if anything is not clear.
The application is evaluated by case managers to determine the applicant’s eligibility, and it is further assessed by employees at the state level. If the path is then clear for the funding to be given, accounting staff will authorize the transfer of money and the organizations to which it is owed will receive it.
Yardi’s new Homeowner Assistance Fund software should be a great benefit to both pandemic-affected homeowners and their creditors. In its favor is the fact that it follows on from Yardi’s Rent Relief platform, which has already proven itself. And for state agencies which manage these ARP funds, a fully tested off-the-shelf solution is better than having to develop one of their own or create unnecessary paperwork. Yardi has a proud history of making people’s lives easier, both with its software and its charitable ventures, and Mortgage Relief is a timely addition to its range of services.
Sweatshirt Storage Ideas Worth Keeping Up Your Sleeve
Sweatshirts are great until you realize how much room they take up. A few thick hoodies can fill a drawer fast, with lighter crewnecks getting squashed underneath or pushed somewhere you forget about. Good sweatshirt storage can make that pile much easier to manage without requiring a bigger closet.
Living Room Storage Ideas: 28 Ways to Reclaim Your Hosting Space
If a living room is where most of a household’s living happens, good storage should be the top priority for setting up or revamping the place. After all, think of how easier it would be to have people over when tidying up the place is just a matter of putting things in their right place (in a time when fewer and fewer people are entertaining friends at home(opens in new tab)). The trick is making room for all those wayward clothes, blankets, chargers and other small things that end up on (or, inexplicably, in) the sofa. Here are 28 living room storage ideas to get you started and make tidying up a quick affair.
25 Mudroom Storage Ideas (And Mistakes to Avoid)
When you come home with muddy boots, an armful of bags and a coat you can’t wait to take off, it’s nice to have somewhere to put it all. With a mudroom, you can leave the outdoor mess at the door instead of carrying it through the house. Traditionally, you’d set aside a separate room, but you can just as easily use a hallway, an entryway closet, a laundry-room corner or a stretch of wall near the entrance.
Is Your Home Office Worth the Rent? What Coworking and Self Storage Could Save You
Every square foot of your apartment comes with a price tag, and a home office claims more of them than most renters expect. It starts with a desk. Then come the second monitor, the printer, the filing cabinet and the overflow boxes. Before long, the corner you set aside for work has turned into a small room you are paying for every month.
Best U.S. Cities to Live Uncluttered: Plano, TX, Offers the Most Room to Breathe
Clutter is in our homes as much as in our heads. Both are shaped by where we live.
America’s Top Snowbird Destinations for 2026–2027: Florida Leads in Numbers, Texas Wins on Value
For Americans living in colder states, the approach of winter is reason enough to start looking south. Cold weather carries costs that go beyond the heating bill and shoveling snow. Seasonal affective disorder(opens in new tab) is far more prevalent in northern states, so a temporary move south isn’t simply an escape from the cold, but a chance to spend the hardest stretch of winter outdoors and in the sun.
How Much Does Halloween Really Cost in 2026? Plan Wisely to Avoid the Scare of Hidden Costs
Americans’ love for Halloween is almost frightening — this year alone, we are on our way to spending $13.5 billion, according to data from the National Retail Federation(opens in new tab). That breaks down to about $115 Halloween costs per person, a whopping 49% more than 10 years ago.
How to Store LEGOs: All the Fun, None of the Clutter
How to store LEGOs largely comes down to how your household uses them. If the bricks are part of everyday play, you need a setup that keeps them within easy reach and makes cleanup quick (for your feet’s sake, at least). Toy storage(opens in new tab) such as simple bins, playmats or containers that children can put away themselves may be enough. Larger or more serious collections usually need more organization, such as labelled drawers for loose pieces, trays for unfinished builds, shelves for completed models and separate storage for retired sets.
Cardboard Costume Guide: Tips and Ideas for a DIY Halloween
Whether for kids or adults, cardboard costume ideas often make the biggest splash once materialized, and that’s for a simple reason: doing a lot with a little is a universally impressive feat (especially in this economy). If you don’t have enough boxes you could temporarily repurpose, don’t worry! There are many places where you can find free moving boxes(opens in new tab), from stores and supermarkets to online groups and recycling drop-off spots. On the run? Try your luck at a self storage(opens in new tab) facility that sells moving supplies, often for cheap. This way, you can choose moving boxes of different shapes and sizes(opens in new tab), so you can make your costumes as complex as you want.