Home Foreclosure HUD Announces $ 51 Million Funding Opportunities for Housing Counseling Agencies

HUD Announces $ 51 Million Funding Opportunities for Housing Counseling Agencies

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HUD n ° 21-142
HUD Public Affairs
(202) 708-0685

FOR DISTRIBUTION
Tuesday
September 14, 2021

HUD ANNOUNCES $ 51 MILLION FUNDING OPPORTUNITIES FOR HOUSING CONSULTING AGENCIES
The notice released today allows housing counseling agencies and HUD-approved intermediaries to apply for funding to maintain and expand essential services to tenants, buyers and homeowners nationwide.

WASHINGTON – The Office of Housing Counseling at the United States Department of Housing and Urban Development (HUD) announced on Tuesday that it is making $ 51 million in grants available through a Funding Opportunity Notice to support HUD-approved housing counseling agencies and intermediary organizations across the country. These housing counseling block grants will help hundreds of housing counseling agencies maintain and expand their services. The funding will also help homeowners and tenants who continue to struggle financially due to the COVID-19 pandemic, particularly individuals and families of color who have been disproportionately affected by the pandemic.

“HUD is proud to make this funding available to housing counseling agencies across the country,” HUD Assistant Secretary Adrianne Todman said. “As our country continues to fight the economic and public health impacts of COVID-19, the funding that HUD makes available today is essential to ensure that HUD-certified housing counseling resources and professionals are available to help tenants and landlords so that they can stay in their accommodation. houses.’

The grant funding opportunity includes items that will enable housing counseling agencies to play an important role in promoting racial equity in homeownership, supporting disaster relief and counseling. recovery, and helping older people age in place by:

  • Allocation of new funding for historically black colleges and universities and other institutions or agencies serving minorities that work in partnership with them: HUD has allocated $ 3 million specifically for HUD-approved housing counseling agencies that can demonstrate their status as a historically black college or university, tribal college or university, or other institution serving minorities, or for housing counseling agencies that will partner with such organizations.
  • Prioritize advice on emergency preparedness and disaster recovery: Advice on emergency preparedness and disaster recovery is now part of the standard grant application so that agencies providing these services can potentially receive more funding.
  • Including incentives for home equity conversion Agencies that commit to providing foreclosure prevention advice to seniors with home equity conversion mortgages will receive additional incentives as part of the funding process.

HUD encourages all eligible housing counseling agencies to review the Funding Opportunity Notice and submit applications by the October 14, 2021 application deadline.

About the Full Funding Opportunity Notice and HUD Housing Advisory Office

HUD’s Comprehensive Funding Opportunity Notice offers HUD-approved housing counseling agencies the opportunity to apply for grant funds to support a wide range of counseling services that help individuals and families find and keep their homes, including those looking to buy their first home; finding affordable rental housing; or seeking to avoid foreclosure or eviction.

By working through a network of over 1,600 licensed counseling agencies employing over 3,600 HUD-certified counselors, over one million households are expected to receive the counseling services they need. See the HUDs menu link with HUD-approved housing counseling agencies across the United States and its territories.

There are many ways to find a HUD approved housing counseling agency. Visit the HUD website or call (800) 569-4287 for our interactive telephone directory.

Disclaimer

US Department of Housing and Urban Development published this content on September 14, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on September 14, 2021 07:21:05 PM UTC.


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