PACE PROBITY ASSET MANAGEMENT ♦ CHRISTY CJ PACE ♦ +1 865-357-1537
Housing Assistance After Foreclosure
Navigating life after foreclosure can be overwhelming—but you don’t have to do it alone. At Pace Probity Asset Management, led by Christy Cj Pace, Owner & Principal Broker, we help East Tennessee residents move forward with confidence, dignity, and strategic support.
1. Get Connected with HUD-Certified Counseling
HUD-approved counseling is a vital starting point after foreclosure. These experts offer free guidance on housing options—renting, rebuilding credit, avoiding predatory offers—tailored to your situation. You can locate a local counselor using HUD’s search tool. ppam.realestate+2ppam.realestate+2ppam.realestate+2investopedia.com
2. Explore Rental Assistance Programs
- Section 8/Housing Choice Voucher: Rent-assistance vouchers are administered locally and help bridge the gap between your income and market rent. However, waitlists can be lengthy—sometimes years in Knoxville-area PHAs. en.wikipedia.org
- Knoxville & Knox County Housing: Local programs may offer rental help, utility aid, and eviction prevention through agencies like HomeSource TN and Community Action. findhelp.org+3hud.gov+3homesourcetn.org+3
3. Special State-Based Aid
- TN Housing Development Agency (THDA) conseсrates foreclosure prevention and homebuyer support—including counseling, planning, and resource coordination. thda.org+1findhelp.org+1
- Homeowner Assistance Fund (HAF): Tennessee’s state-run program supported by federal funds helps homeowners impacted by COVID catch up on mortgage and housing costs. home.treasury.gov+2thda.org+2ncsha.org+2
4. Program-Specific and Nonprofit Support
- HomeSource TN provides foreclosure prevention counseling and limited eviction assistance for Knox County residents. hud.gov+5homesourcetn.org+5findhelp.org+5
- NeighborWorks America supports local nonprofits offering mortgage and foreclosure counseling through a national network certified by HUD. en.wikipedia.org
- Affordable Housing Resources offers funds and loans—like the Hardest Hit Fund—for qualifying disabled homeowners. ahrhousing.org
5. What You Should Do Next
- Contact a HUD-Certified Counselor — Find the right local agency by ZIP code, free of charge.
- Apply for Rental or Utility Assistance — Section 8 vouchers, HAF programs, and local nonprofit funds.
- Get a Full Budget & Housing Plan — Counselors help create a sustainable path forward.
- Start Rebuilding Credit & Stability — Many programs include housing education and financial guidance.
- Stay Engaged — Follow up with agencies, update counselors, and stay on track with your plan.