Bush Administration Announces $44.1 Million in Housing Counseling Grants to Nearly 400 National, State and Local Agencies
WASHINGTON - Approximately 700,000 families will have a greater opportunity to find housing or keep the homes they have because of more than $44 million in housing counseling and counseling training grants announced today by Housing and Urban Development Secretary Alphonso Jackson.
Housing counseling grants will assist families in becoming first-time homeowners and remaining homeowners after their purchase. Renters and homeless individuals and families will also benefit from the counseling offered by the grants. These grants, totaling over $41 million, were awarded to 19 national and regional organizations and nearly 370 state and local housing counseling agencies.
Housing counseling training grants will help approximately 2,600 counselors receive the instruction and certification necessary to effectively assist families with their housing needs. These grants, totaling $3 million, were awarded to two national organizations.
"This Administration strongly believes in the value of housing counseling services," said Jackson. "These organizations help families make informed choices before they take the important step of homeownership. They also provide a service that is vital in today's mortgage market - they counsel families facing foreclosure and advise them about their options."
For the rest of this article please feel free to visit the newsroom at www.HUD.gov.
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