Real Estate Blog

Official Florida Hardest-Hit Fund Principal Reduction (HHF-PR) Website

September 24th, 2013 4:55 PM by Sherry Lee

To learn More about the new Principal Reduction Program, visit

The web page reads:

Thank you for using the official Florida Hardest-Hit Fund Principal Reduction (HHF-PR) Website! 

Attention: The online application for the Florida HHF Principal Reduction (HHF-PR) Program will open on Wednesday, September 25, at 9:00 a.m. (Eastern). Please review the information provided on this website to determine if you should apply. 

Please be advised that only 25,000 completed and submitted applications will be accepted initially for eligibility determination. When you click “Start Now,” you must complete all the steps to have a completed application. After you complete “Step Four”, you will see the “Submit Application” button located at the bottom, click that button, and your application is considered complete. 

Once we have reached 25,000 applications, the “Start Now” button will be disabled so that we can begin processing the completed applications. If additional funding is available for the HHF-PR program after this initial launch, we will re-open the application process.


This site contains all the information you will need to begin your application for the Florida HHF-PR program, with step-by-step instructions and prompts to help you. In addition, there are facts about the program, answers to frequently asked questions (FAQs) and other information that may be helpful to you.

The federal government has allocated funding to assist eligible Florida homeowners who owe at least 125% more on their home than its current market value, commonly referred to as the home being “underwater.” The Florida Hardest-Hit Fund Principal Reduction (HHF-PR) program will provide up to $50,000 to an eligible homeowner(s) to help reduce the principal balance of the first mortgage. The program is available in all 67 counties in the State.

Eligibility requirements include, but are not limited to, the following:

    • Must be a Florida resident and a legal US resident/legal alien;
    • Must occupy property as primary residence;
    • Must be current on the monthly mortgage payment (cannot be 60 or more days late on the first mortgage within the past 24 months);
    • First mortgage must have been originated prior to January 1, 2010;
    • Must have an unpaid principal balance (UPB) that does not exceed $350,000 for the first mortgage;
    • Loan-to-value for the first mortgage must be greater than 125%; and
    • Total household income (including all persons living in the home age 18 years and older) must be less than 140% of the area median income (AMI) as provided by the US Department of Housing and Urban Development (HUD).

Click here to download the HHF-PR “Frequently Asked Questions” document, which contains the complete list of Florida HHF-PR eligibility requirements and program benefit. 


After reviewing this information, if you determine that your situation does not meet all of the eligibility criteria for participation in the HHF-PR program, you may qualify for Florida HHF Unemployment Mortgage Assistance Program (UMAP) or Mortgage Loan Reinstatement Program (MLRP) assistance. To review program eligibility criteria and/or to submit an application, you will need to visit However, this site will not accept NEW applications until Tuesday, October 1, beginning at 9:00 a.m.


  • Please be aware that is the OFFICIAL website for Florida Hardest-Hit Fund Principal Reduction (HHF-PR) program information and to apply for assistance. We strongly encourage you to verify that the website you are using is, in fact, the official Florida HHF-PR website BEFORE you provide your personal information. If you are concerned that you have used a website that is suspicious, contact the HHF Information Line toll-free at 1-(877) 863-5244 to verify the website address.

    Application for the Florida HHF-PR program is FREE-OF-CHARGE and you will not be asked to pay for any eligibility determination services in conjunction with applying for the Florida HHF. 
  • Please be advised that the entities listed below ARE NOT associated with, nor authorized to represent Florida Housing Finance Corporation (Florida Housing) and/or the Florida Hardest-Hit Fund Principal Reduction (HHF-PR) program. Neither Florida Housing nor its authorized representatives will require any fees to apply for or have eligibility determined for the program.

    • Mader Law Group
    • Attorneys Legal Network
    • The Law Center
    • National Loan Restructuring
    • LMPrep LLC
    • Hardship Center

    Also, the following agencies are no longer participating in the Hardest-Hit Fund program:

    • REACH (Real Estate, Education and Community Housing)
    • Reliance Financial, Inc.
    • Second Chance Help Center, Inc.
    • All-American Foreclosure Solutions, Inc.
    • Affordable Housing Centers of America
Posted in:General
Posted by Sherry Lee on September 24th, 2013 4:55 PM



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