HUD grants $40 million for housing counseling

The HUD Office of Housing. State grants averaging $25,000 each for down payment and home improvements to income-eligible first-time homebuyers. Through this program, CHI has provided over $17.

HUD Makes $40 Million Available for Housing Counseling Grants. Investor Update February 19, 2016 WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced it is making $40 million in grants available to support hundreds of housing counseling organizations across the country that assist families, including those buying their first home, struggling to locate.

 · 33 Agencies to Receive Sub-Grants to Help Families Rent or Buy Affordable Homes. CHICAGO – HUD has awarded $1,259,176 to Housing Action Illinois to distribute funds to local nonprofits whose housing counseling programs help families rent or buy safe, affordable homes and prevent foreclosures. This year’s network of 33 housing counseling agencies, listed below, serve.

WASHINGTON, D.C. – May 22, 2014 – (RealEstateRama) – The U.S. Department of Housing and Urban Development (HUD) today awarded more than $40 million in grants to hundreds of national.

The Department of Housing and Urban Development will grant $40 million to housing counseling via funds restored by Congress for the fiscal year 2012. HUD said the grants will be made competitively.

HUD anticipates the housing counseling grants, "and the additional funding they help to leverage," will assist more than 1.5 million households find housing, make informed housing choices, or.

Moreover, HUD grant funding supports housing counseling agencies that act as an important safeguard in the prevention of housing scams and discrimination. HUD estimates approximately $40 million may be available for eligible applicants under this NOFA for FY 2016.

HUD provides support to a nationwide network of housing counseling agencies. These HUD-approved agencies provide tools to current and prospective homeowners, and renters, so they can make responsible choices to address their housing needs. Buying a home can be a complex process, so using a housing counselor is a smart move.

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