The Department of Housing and Urban Development announced this week that it will award $2 million to fund housing counseling training.
“These funds for training will help HUD-approved housing counseling organizations be better prepared to offer valuable services assisting families in making better choices in buying or renting homes and in helping thousands of struggling homeowners avoid foreclosure and remain in their homes,” said HUD Secretary Shaun Donovan. “We are pleased that Congress heard our arguments for the vital role housing counseling plays and restored funding for housing counseling in HUD’s Fiscal Year 2012 budget. We are now working to ensure these resources are used as effectively as possible and this training will help us do that.”
Funding for housing counseling in 2012 was restored in November after being zeroed out initially in a last minute budget deal in Congress in April 2011.
Over the course of the year, HUD’s grand program will award $40 million for comprehensive counseling, reverse mortgage counseling and supplemental funding for mortgage modification and mortgage scam assistance.
The notice of funding availability is available on HUD’s website.
Written by Elizabeth Ecker