HUD Archives: News Releases

HUD Region VI: 11-181
Patricia Campbell - (817) 978-5974/(817) 681-9741
NeighborWorks Media Relations -
For Release
September 8, 2011

Homeowners Facing Foreclosure Must Apply Now for 0% Interest,
Forgivable Loan of Up to $50,000 to Pay Back Mortgage Payments, Help with Future Payments for Up to Two Years

FOR INFORMATION OR TO APPLY FOR EHLP: or call toll free: (855) FIND-EHLP (346-3345)

FORT WORTH - Homeowners who are 90 days delinquent on their mortgage and are facing foreclosure have only one more week to apply for HUD/NeighborWorks® Emergency Homeowners' Loan Program (EHLP). NeighborWorks® will accept applications through September 15, 2011.

EHLP will assist homeowners who have experienced a reduction in income and are at risk of foreclosure due to involuntary unemployment or underemployment due to economic conditions or a medical condition. Eligible
homeowners can qualify for a 0% interest, forgivable loan which will pay past mortgage payments, taxes and insurance, and then pay a portion of future monthly mortgage payments for up to two years, or up to $50,000, whichever comes first. This emergency bridge loan will gradually be forgiven provided the homeowner remains in his
or her property for five years.

Homeowners must contact a participating counseling agency for more information in order to determine their eligibility for the program and to apply for mortgage assistance. Only participating counseling agencies can accept applications from homeowners.

Information can be found at or by calling, toll free, (855) FIND-EHLP (346-3345). The website contains:

  • Contact information to help people find participating counseling agencies in their area;
  • The Applicant Screening Worksheet;
  • List of documents required for applying; and
  • Information on EHLP assistance and eligibility requirements.

Since EHLP funds are provided to qualified homeowners on a first-come, first-served basis, it is critical homeowners provide all required documents in a timely manner or risk losing the opportunity to apply for assistance under the program. There is no cost to apply for this program.

The Dodd-Frank Wall Street Reform and Consumer Protection Act authorizes HUD to administer a $1 billion
Emergency Homeowners Loan Program nationwide.

About NeighborWorks® America
NeighborWorks® America creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks® organizations have generated $20 billion in reinvestment in these communities. NeighborWorks® America is the nation's leading trainer of community development and affordable housing professionals.


HUD's mission is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD is working to strengthen the housing market to bolster the economy and protect consumers; meet the need for quality affordable rental homes: utilize housing as a platform for improving quality of life; build inclusive and sustainable communities free from discrimination; and transform the way HUD does business. More information about HUD and its programs is available on the Internet at and You can also follow HUD on twitter @HUDnews, on facebook at, or sign up for news alerts on HUD's News Listserv.


Content Archived: June 20, 2013