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Study Name
Study of Hardest Hit Fund - Ohio Mortgage Payment Assistance
Study Sharepoint ID
101026
Evaluation name
Labor Outcomes of Mortgage Payment Subsidies for Unemployed Homeowners
Intervention (standard name)
Outcome domains examined
Strength of Evidence Tag
Design
Populations targeted
Settings in which the intervention was studied
Subgroups
Subgroup data - Female
No
Subgroup data - Male
No
Subgroup data - White
No
Subgroup data - Black
No
Percent female
47.50
Percent Male
52.50
Percent Unemployed
89.50
Percent Black or African American
17.50
Percent Hispanic or Latino of any race
3.00
Percent White
77.50
Percent unknown race
2.00
Mean age
49.50
Group formation formatted
The authors used data from all applicants to the Ohio HHF program between 2010 and 2015. Applicants were excluded if they had incomplete employment data, did not meet basic income and unemployment eligibility for the Mortgage Payment Assistance program, or received the assistance more than a year after their initial UI claim. The study matched those who received Mortgage Payment Assistance with those who applied for the assistance and were eligible but did not complete the application process.
Study timing formatted
The Ohio HHF program was first launched in 2010, and this study follows individuals who received the intervetnion from program launch through quarter four of 2015.
Study funding formatted
John D. and Catherine T. MacArthur Foundation, Grant No: 13-103361-000-USP
Sample Characteristics
The primary sample analyzed for this study were individuals who applied for or received mortgage payment assistance within two quarters of their initial unemployment claim. These individuals had an average annual income of about 28% of the area median income and over 89% reported themselves as unemployed.
Implementing organization formatted
Ohio Housing Finance Agency
Program history
The federal Hardest Hit Fund was launched in 2010 under the U.S. Treasury's Troubled Asset Relief Program (TARP). States received HHF funds which they could then deliver to households based on their own customized parameters. The largest HHF program was the Mortgage Payment Assistance (MPA) program, which fully covered unemployed homeowners mortgage payments for up to 18 months. The HHF program concluded at the end of 2017.
Treatment condition formatted
The intervention group consisted of unemployed applicants for Hardest Hit Fund (HHF) assistance in Ohio who were eligible for and received Mortgage Payment Assistance. The Mortgage Payment Assistance program fully subsidized recipients' monthly mortgage payments for up to 18 months. The program made payments on behalf of the borrower, including escrowed taxes and insurance, for up to 18 months. The MPA program was commonly coupled with a second HHF program that brought delinquent mortgages current.
Comparison condition formatted
The comparison group consisted of unemployed applicants for Hardest Hit Fund assistance who were eligible for and received Mortgage Payment Assistance. - and did not receive other types of hardest hit fund assistance.
Mandatory services formatted
None
Timing of study formatted
From September 2010 through August 2011, the maximum duration of the MPA program was 15 months for a given household. This maximum duration was extended to 18 months in September 2011. The authors do not report average duration of MPA benefits for the analytic sample, but the average monetary assistance received was $11,837.
Program funding formatted
U.S. Treasury's Troubled Asset Relief Program (TARP)
Setting details formatted
The program was administered statewide in Ohio.
Delivered by public or private entity?
Public
Check edits flag
No
Primary Service
Housing supports and subsidies
Services Unclear
This field is populated using a formula. Do not manually edit.
Enrollment Period
September 2010 to December 2015
Intervention Duration
18.00
Subgroup data - Hispanic
No
State & Region