The U.S. Department of Housing and Urban Development has awarded more than $42 million in housing counseling grants to hundreds of national, regional and local organizations to help families and individuals with their housing needs.
HUD’s housing counseling grants and the additional funding they leverage will assist more than 1.4 million households find housing, make more informed housing choices, or keep their current homes, according to a press release.
June is National Homeownership Month, a time HUD recognizes how homeownership enhances lives and contributes to thriving communities. “Dare to Own the Dream” is the theme of this month-long recognition, reinforcing the long-held belief that owning a home remains one of the cornerstones of the American Dream.
The grants awarded today were announced at a White House gathering to mark National Homeownership Month, the release states.
“Housing counselors provide potential homeowners with the tools they need to ensure they’re ready and responsible. Their efforts give countless families a real shot at the American Dream of homeownership, said HUD Secretary Julián Castro in a June 21 press release.
“The counseling organizations HUD supports are on the front lines in providing the full spectrum of services households need – from locating affordable rental housing, offering advice on how to become a homeowner, and preventing foreclosure.”
More than $40 million will directly support the housing counseling services provided by 31 national and regional organizations, five multi-state organizations, 17 State Housing Finance Agencies (SHFAs) and 181 local housing counseling agencies, the release states.
In addition, HUD is awarding $2 million to four national organizations to train housing counselors who will receive the instruction and certification necessary to effectively assist families with their housing needs.
National and regional agencies distribute much of HUD’s housing counseling grant funding to community-based organizations that assist low- and moderate-income families to improve their housing conditions.
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