Hardest Hit Fund for the Disabled

Affordable Housing Resources, Inc. (AHR) offers mortgage assistance to Tennessee’s disabled homeowners through the Hardest Hit Fund, a program of the Tennessee Housing Development Agency (THDA) and provided in partnership with The Attorney General’s Office.

Disabled homeowners in middle Tennessee are eligible to apply for forgivable loans for up to $40,000 to cover up to 36 months of mortgage expenses.

The fund is designed so homeowners do not have to repay the loan if certain criteria are met.

Loans through the Hardest Hit Fund are 0% interest, forgivable, non-recourse, deferred-payment, subordinate loans. The loan amount reduces 20% a year for every year the borrower stays in the home—after five years, the loan is considered satisfied.

Loan funds must be repaid if, before five years, the property is sold, refinanced or no longer owner occupied and there are sufficient equity proceeds available.

Download a PDF of the HHF for the Disabled registration packet here.