Affordable Housing Online is monitoring the federal government's response to the coronavirus disease (COVID-19) outbreak. 

An extensive list of coronavirus resources for low-income households can be found here.

Foreclosure

View All Glossary Definitions

The legal process by which a property may be sold and the proceedds of the sale are applied to the mortgage debt. A foreclosure occurs when the loan becomes delinquent because payments have not been made. It can also occur when the homeowner is in default for a reason other than the failure to make timely mortgage payments, as spelled out in mortgage documents.