Tuesday, January 11, 2011

NeighborWorks Receives More Than $7 Million in HUD Training and Counseling Grants

NeighborWorks America and members of the NeighborWorks network were recently awarded more than $7 million from the U.S. Department of Housing and Urban Development (HUD) as part of the department’s grants to support housing counseling and housing counselor training.

  • $3.05 million was awarded for the NeighborWorks Center for Homeownership Education and Counseling (NCHEC).
  • $1.58 million went toward comprehensive housing counseling.
  • $300,000 was awarded for the Home Equity Conversion Mortgage (HECM) program.
  • $2.3 million was awarded to more than 60 NeighborWorks network organizations around the U.S. committed to providing affordable homeownership solutions to low- and moderate-income families.

“NeighborWorks is committed to providing the best and most comprehensive housing counseling services available,” said Eileen Fitzgerald, acting CEO for NeighborWorks America. “Counselors trained to high standards who deliver important, relevant and timely information about housing to consumers are critical to building strong communities. We’re excited that HUD has recognized the scale and capacity of NeighborWorks America and the NeighborWorks network to deliver these necessary services to communities all across America.”

More details about the HUD distribution can be found here.