Florida has distributed less than a third of its $1 billion share of hardest hit foreclosure-relief funds, and lags behind most other states in getting the money into the hands of struggling homeowners.

Of 18 foreclosure-troubled states that were given hardest hit money in 2010, only six have exhausted their funds.

In Florida, which led the U.S. for foreclosure activity in May, only 31 percent of the funds have been granted.

Officials at the agency which oversees the distribution says their parameters for doling out the money are just more conservative than other states.