The U.S. Department of Housing and Urban Development (HUD) announced that its Office of Housing Counseling is allocating $40.25 million in grant funding to support housing counseling services for homebuyers, homeowners, and renters.
Through the 2023 Office of Housing Counseling Comprehensive Notice of Funding Opportunity (NOFO), HUD plans to award grants to more than 150 housing counseling agencies and intermediary organizations. The funds will support counseling services provided by HUD-approved agencies on topics including financial management and literacy, homeownership, and affordable rental housing.
Furthermore, HUD is providing $3 million of the available funding specifically for Historically Black Colleges and Universities, other Minority Serving Institutions, and partnering agencies.
“We’re pleased to make these funds available to housing counselors to help American households identify and address their housing needs,” said Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordon. “Housing counseling continues to play a vital role in helping homebuyers, homeowners, and renters access and sustain suitable housing, particularly as housing instability and costs are on the rise.”
;
