1. Short title This Act may be cited as the Hardest Hit Housing Act of 2018 . 2. Capital Fund amounts for large public housing agencies (a) Authorization of appropriations In addition to any amounts authorized to be appropriated for formula grants to public housing agencies from the Capital Fund pursuant to section 9(d)(2) of the United States Housing Act of 1937 ( 42 U.S.C. 1437g(d)(2) ), there is authorized to be appropriated $4,000,000,000 for each of fiscal years 2018 through 2022 for the Public Housing Capital Fund Program under section 9(d) of the United States Housing Act of 1937 ( 42 U.S.C. 1437g(b) ). (b) Eligible public housing agencies Any amounts appropriated pursuant to this section shall be used by the Secretary of Housing and Urban Development only for grants to public housing agencies that own or administer more than 10,000 public housing dwelling units. (c) Eligible uses Funds from grants made with amounts appropriated pursuant to this section may be used only for eligible capital activities under section 9(d)(1) of the United States Housing Act of 1937 ( 42 U.S.C. 1437g(d)(1) ). Section 9(g)(3) of such Act shall not apply to any such grant funds. 3. Assistance to NeighborWorks for mortgage foreclosure mitigation activities There is authorized to be appropriated $5,000,000, for each of fiscal years 2018 through 2022 for assistance to the Neighborhood Reinvestment Corporation for mortgage foreclosure mitigation activities, under the following terms and conditions: (1) Mortgage foreclosure mitigation counseling (A) The Neighborhood Reinvestment Corporation (in this section referred to as the NRC ) may make grants under this paragraph to counseling intermediaries approved by the Department of Housing and Urban Development (in this section referred to as HUD ) (with match to be determined by NRC based on affordability and the economic conditions of an area