Imagine, a short sale program with a pre-approved price and terms with a 10 day bank approval if all conditions are met? In 2009, the Treasury Department introduced the HAFA program to provide a viable option for homeowners who are unable to keep their homes through the existing Home Affordable Modification Program (HAMP). The HAFA program took effect on April 5, 2010 and sunsets on December 31, 2012. I am a Certified HAFA Specialist in Ventura County California.