HUD Invests $2 Million in Housing Counseling – NMP Skip to main content

HUD Invests $2 Million in Housing Counseling

Jan 10, 2012

As part of its continuing effort to provide quality housing counseling to the nation’s homeowners, buyers and renters, the U.S. Department of Housing & Urban Development (HUD) has announced the availability of $2 million in grants for housing counseling training. HUD’s goal is to fund eligible organizations to deliver training across the full spectrum of counseling services. “These funds for training will help HUD-approved housing counseling organizations be better prepared to offer valuable services assisting families in making better choices in buying or renting homes and in helping thousands of struggling homeowners avoid foreclosure and remain in their homes,” said HUD Secretary Shaun Donovan. “We are pleased that Congress heard our arguments for the vital role housing counseling plays and restored funding for housing counseling in HUD’s Fiscal Year 2012 budget. We are now working to ensure these resources are used as effectively as possible and this training will help us do that.” HUD-approved counseling agencies provide homeownership counseling as well as financial literacy education to renters and homeless individuals and families. This year, HUD’s Housing Counseling Grant program will provide more than $40 million for comprehensive counseling, reverse mortgage counseling, and supplemental funding for mortgage loan modification and mortgage fraud and scam assistance. The counseling training funds are available to provide training activities designed to improve and standardize the quality of counseling provided by HUD-approved housing counseling agencies, multi-state organizations, and state housing finance agencies. The Notice of Funding Availability (NOFA) provides funding details and requirements. Applicants must be public or private non-profit organizations and must have “tax exempt” status under section 501(a) pursuant to section 501(c)(3) of the Internal Revenue Code (26 USC 501(a) and (c)(3). Applicants must have at least two years of experience providing housing counseling training services nationwide. They must propose to provide training nationwide.
About the author
Published
Jan 10, 2012
Rocket Pro Launches ‘Moving Squad’ To Recruit Brokers From UWM

Rocket is offering partners up to $10,000 to help bring UWM brokers onto its platform

Sep 01, 2026
NEXA, UMortgage Leaders Explain What Drove Acquisition

Kortas relinquishes the CEO title, elevating Casa to co-equal "executive partner"

Aug 31, 2026
Warsh Sees Housing Strain, Keeps Rate Hikes In Play

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Aug 31, 2026
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief

Consumer inflation rose just 0.1% in July, reducing pressure for a September Fed rate hike as mortgage rates remain near their highest levels of the year

Aug 13, 2026
The Fed Held. The Mortgage Market Got A Warning.

Three policymakers favored an immediate hike, while Warsh welcomed higher bond yields and offered no clear path toward mortgage-rate relief

Jul 30, 2026
New Study Finds UWM's 'All-In' Triggered Industrywide Pricing Spillovers

Research shows wholesale competitors responded to the 2021 Rocket ban by lowering mortgage rates,

Jul 15, 2026