HUD Allocates $42.8M in Housing Counseling Grants – NMP Skip to main content

HUD Allocates $42.8M in Housing Counseling Grants

Oct 03, 2019
Photo credit: Getty Images/undefined undefined

The U.S. Department of Housing & Urban Development (HUD) has awarded $42.8 million in housing counseling grants to 207 local, regional and national organizations and state housing finance agencies.
 
Roughly half of the funding recipients are agencies providing counseling to households within designated Opportunity Zones created under the 2017 Tax Cuts and Jobs Act. HUD also debuted an Opportunity Zone website (opportunityzones.hud.gov) that includes an interactive map of the 8,764 Opportunity Zones and the federal resources that support the residents in these areas.
 
"HUD-approved housing counseling agencies are on the front lines of helping individuals and families to find affordable rental housing or make more informed homeownership choices," said HUD Secretary Ben Carson. "The funding we announce today will help families to realize their dreams-whether it's owning a home, avoiding foreclosure, or finding an affordable place to rent."

 
About the author
Published
Oct 03, 2019
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026
Newrez, eXp Realty Form Joint Venture To Target Purchase Business

Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending

Oct 08, 2026