Indiana is expanding its coverage for homeowners in need of mortgage assistance.
Lieutenant Governor Sue Ellspermann said that the change in Indiana's Hardest Hit Fund program will help more homeowners by lessening the qualification restrictions, increasing the funds available, and extending the timeline for assistance by six months.
Mark Neyland, the Director of Asset Preservation for the Indiana Housing and Community Development Authority, emphasized the extent to which this improved program will benefit the families and the children of Evansville.
Neyland asked, "What is the impact and how do you quantify the impact of a child who loses their home while they are going through school? What dollar amount do you place on that? I do not think there is one."
Ellspermann and Neyland both believe that the program will now be able to help more than 10,000 homeowners.
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