The Homeowner Assistance Fund (HAF) was established as part of the American Rescue Plan of Under HAF, the United States Department of the Treasury is providing $9.9 billion in financial assistance through states, territories and tribes. States have the flexibility to allow eligible homeowners to use HAF funds to, for example, reinstate a delinquent mortgage, reduce the mortgage principal, or pay delinquent property taxes, past-due condominium or homeowner association fees, and past-due utility bills. The funds are targeted for low- and moderate-income borrowers based on area median income and also for socially disadvantaged individuals.