Skip to main content

HUD Offers $43M in New Housing Counseling Grants

Phil Hall
Jun 03, 2019
Photo credit: Getty Images/vadimguzhva

The U.S. Department of Housing & Urban Development (HUD) is kicking off June’s National Homeownership Month by allocating $43 million in grants to support hundreds of housing counseling organizations around the nation.
 
According to HUD, the grant funds will be used to finance counseling services for first-time homebuyers, households trying to avoid foreclosure or eviction, and individuals and families searching for affordable rental housing. HUD estimated that every federal dollar invested in housing counseling stimulates six dollars from other state and local sources.
 
“HUD-approved housing counselors can make all the difference in helping families find and keep stable housing,” said HUD Secretary Ben Carson. “Research demonstrates that housing counseling helps people make informed housing choices and can be the best preventative medicine to avoid housing problems down the road.”

 
Published
Jun 03, 2019
KBRA Assigns Preliminary Ratings To SEMT 2021-6

Pool Of 497 First-Lien Loans Combined Have A Principal Balance Of Nearly $449M

Industry News
Sep 16, 2021
Fugo Appoints Bahlman As VP, Client Relations & Sales

Brings 19 Years of Experience To Texas-Based Back-Office Support Company

Industry News
Sep 16, 2021
Envoy Mortgage Expands To Atlanta

Envoy Mortgage lender expanded its Southeast operations to Atlanta, GA.

Industry News
Sep 15, 2021
FHFA Suspends Controversial PSPA Amendments

Today, the FHFA will be suspending controversial provisions added to the Preferred Stock Purchase Agreement (PSPA) on January 14, 2021.

Industry News
Sep 15, 2021
Covius Holdings To Acquire Nationwide Title Clearing

All 670 NTC Employees, Including Senior Management, Will Join Covius

Industry News
Sep 14, 2021
MBA Appoints AVP Of Diversity, Equity, & Inclusion

Promotes Amber Lawrence From Position As Associate Director Of Career Development Programs

Industry News
Sep 14, 2021