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HUD Acts to Help American Families Following Terrorist Attacks

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The U.S. Department of Housing and Urban Development has taken an active role in helping our nation recover following the events of September 11, 2001. This includes quick action to protect families of the victims - including those whose economic livelihoods were directly affected - from losing their homes.

 -   HUD salutes the sacrifices of those fighting to free Iraq
 -   Bush Administration announces $350 million to help Lower Manhattan businesses
 -   Changes to help insurer community support men and women in uniform
 -   HUD will not require terrorism insurance on FHA-insured multifamily loans
 -   HUD delivers funds to support residents, rebuilding of Lower Manhattan
 -   Mortgage rate cut for recalled Guardsmen and Reservists
 -   HUD calls for housing industry to stand united in wake of attacks
 -   HUD gives $15 million in emergency funding to NYC housing agencies affected by terrorist attacks
 -   HUD announces $700 million in Relief for New York's Recovery - Part of Administration's $2.8 billion Disaster Plan
 -   HUD encourages lenders to give relief to families affected by terrorist attacks

The Department has put together helpful Questions and Answers for both families and mortgage lenders. The relief options for Federal Housing Administration (FHA) mortgage loans described in the following links refer to any FHA-insured homeowner affected by the events of September 11.

 -   Questions and answers for FHA-insured homeowners
 -   Questions and answers for lenders

In addition, HUD and the Department of Defense have invoked The Soldiers' and Sailors' Relief Act of 1940, which provides mortgage relief for all reservists and National Guard members called to active duty, whether or not their mortgage is insured by FHA.

 -   Soldiers' & Sailors' Act - Q & A for homeowners
 -   Soldiers' & Sailors' Act - Q & A for lenders
 -   Text of the Soldiers' and Sailors' Civil Relief Act

HUD also has activated a toll-free number for servicemen and women with questions concerning their mortgage. For more information, call 1 (877)-622-8525 weekdays between the hours of 7 a.m. and 7 p.m.

Content current as of 5 November 2010   Follow this link to go  Back to top   
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