The Florida Hardest-Hit Fund program was unveiled in the Sunshine State on April 18, 2011. The primary focus of the program is to offer foreclosure prevention assistance to residents that are unemployed or underemployed.
Florida Hardest-Hit Fund is comparable to the Making Home Affordable; a government sponsored program recently under scrutiny for providing disappointing results. Initiated in 2009, Making Home Affordable set lofty goals to help as many as 4 million homeowners considered at risk for foreclosure. Two years later, MHA has only helped about 200,000 homeowners obtain permanent loan modifications.