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.”

Jun 03, 2019
Layoffs At

After a rocky market debut, has laid off staff.

Sep 25, 2023
CFPB Issues Guidance On AI In Credit Underwriting

Creditors must provide specific and accurate reasons for credit denials, even with complex AI models.

Sep 19, 2023
Intercontinental Exchange Completes Black Knight Acquisition; Births Dark Matter Technologies Under Constellation Software

Rich Gagliano takes the helm at Dark Matter Technologies, poised to lead the future of Empower LOS with a 1,300-strong team, blending startup agility with decades of industry experience.

Sep 18, 2023
FHFA Invites Public Engagement On Modernized Credit Score Transition

Stakeholder forums and listening sessions planned to ensure seamless rollout; extended timeline for bi-merge credit report requirement in play.

Sep 11, 2023
Desperation Drives Difficulty in Closing Mortgages in California

Analysis reveals California among top 20 toughest states for mortgage closures.

Sep 11, 2023
If You Build It, They Will Come

Ratings will go a long way toward growing the market for home equity-backed securities

Sep 07, 2023