CalHFA Mortgage Assistance Corporation
Date:
June 23, 2010
Amount Spent:
$1.98 billion
Deficit Impact:
$1.98 billion This state Housing Finance Agency (HFA) is taking part in the Hardest Hit Fund in order to assist struggling homeowners. It is getting funding from the Treasury Department to implement a proposal that was approved by the Department.
Source:
Notes:
Maximum amount unknown. Amount spent represents total Treasury investment in this HFA as of 9/30/2010. Since the investment constitutes a full subsidy, the deficit impact is the same as the amount spent.