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Tag Archives: Troubled Asset Relief Program

‘Hardest Hit’ Areas Get More Relief from Treasury

The Hardest Hit Fund (HHF) was created under the government's Troubled Asset Relief Program in 2010 to help the areas that were deemed to have been hit hardest by the financial crisis. How is the latest—and final—round of funding going to be disbursed?

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How Successful Has TARP Been After Seven Years?

The economy has experienced 67 straight months of private sector job growth and the unemployment rate is at its lowest level since 2008 (5.1 percent), serving as " proof that the broad-based federal response to the financial crisis was effective in stabilizing our economy and setting the table for sustainable growth," the authors said.

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Agency Has Recovered $1.48 Billion In Funds From TARP-Related Crimes

Investigations conducted by the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) into crime and civil violations of the law related to the government's TARP program have resulted in the recovery of more than $1.48 billion as of December 31, 2014, according to an announcement from SIGTARP.

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Florida Man Receives 21-Month Prison Sentence for Fraud

A Florida man has been sentenced to 21 months in federal prison for a fraud scheme perpetrated against businesses and individuals seeking lines of credit, according to an announcement on Friday from Christy Romero, the Special Inspector General for the Troubled Asset Relief Program (SIGTARP).

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