Orlando Weekly –
After a Tampa Bay Times story last week shed light on Florida’s Hardest Hit Fund, U.S. Sen. Bill Nelson is asking for a federal investigation into the mortgage assistance program.
The Times’ story reports tens of thousands of Florida homeowners are still waiting for help. The $7.6 billion fund was created by the Treasury Department to help homeowners in Florida and 17 other states avoid losing their homes during the recession.
“Only 20 percent of the 116,000 people who have applied have received help while nearly half of Florida’s $1 billion share of Hardest Hit funds remains unspent,” the Times reports. “If Florida fails to distribute the money by the end of 2017 — less than two years away — those funds will no longer be available.”
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