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
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Sep 27, 2022
Nations Lending Opens Another Branch In Arizona

New Scottsdale branch welcomes Arizona native Christine McConnell as lead personal mortgage advisor.

Industry News
Sep 26, 2022
Nominations Open For Industry Titans Award

NMP Magazine to honor people who represent industry with professionalism.

Industry News
Sep 23, 2022