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The U.S. Department of Housing and Urban Development (HUD) has allocated $40 million in grants available to support approximately 300 housing counseling organizations that assist families, including first-time homebuyers, those trying to stave off foreclosure and those trying to secure affordable rental housing.
The grant funds will support the housing counseling services provided by national and regional organizations, multi-state organizations, state housing finance agencies local housing counseling entities. HUD is also making $2 million available in Housing Counseling Training Grant Program funds to support basic and specialized housing counseling training for housing counseling agencies.
“We know that housing counseling can make all the difference in purchasing and, most importantly, keeping a home,” HUD Secretary Julián Castro. “The grants we offer today will help ensure families and individuals make more informed housing decisions, whether it means buying their first home, avoiding foreclosure, or finding affordable rental housing.”