Delivering rapid solutions to state and local governments to expedite housing funds to homeowners
The U.S. Treasury’s Homeowner Assistance Fund (HAF) provides funding to states, the District of Columbia, U.S. territories, Tribes or Tribal entities, and the Department of Hawaiian Home Lands to offer relief to vulnerable homeowners in the wake of the COVID-19 pandemic, intended to help prevent mortgage delinquencies and defaults, foreclosures, loss of utilities or home energy services, and displacement.
Assisting state and local governments in administering HAF payments requires an end-to-end program management solution that addresses everything from verifying applicant eligibility to maintaining compliance with changing regulations. CohnReznick has both world-class affordable housing insight and an extensive track record of providing large-scale program management and emergency management services for federal, state, and local governments. We’re in a unique position to optimize HAF program performance while protecting the public trust through our compliance, monitoring, and oversight capabilities.
RAPID DEPLOYMENT TO SPEED RESILIENCY
Speed is paramount in administering HAF payments. Agencies must accept and verify applications quickly and speed payments to expedite relief to homeowners. CohnReznick has the experienced team, proven oversight processes, and scalable technologies to stand up our HAF project management office and establish a homeowner relief program within 30 days to help your communities recover.
COHNREZNICK APPROACH TO RAPID RELIEF
Our experienced team offers a turnkey approach to delivering HAF assistance to communities across the country.
THE COHNREZNICK DIFFERENCE
CohnReznick’s unique suite of services and robust track record of administering government funds not only facilitates the rapid deployment of funds, but also preserves program integrity so that relief is delivered as intended.
INTEGRATED HAF PROGRAM MANAGEMENT AND TECHNOLOGY
CohnReznick can work with any HAF technology that state and local agencies adopt. Given our track record in the industry, we have developed strong partnerships with and deep expertise in the leading affordable housing real estate technologies. Additionally, we have developed an innovative cognitive automation platform that leverages artificial intelligence and machine learning to enable and support our compliance, monitoring, and oversight functions. CohnReznick can align our program management expertise with the HAF technology platforms to provide state and local governments with program transparency, efficiency, and accountability, and a world-class applicant experience for homeowners.
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Frank Banda
CPA, CFE, PMP, Managing Partner – Government and Public Sector Advisory
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