HUD Awards $10 Million in Grants for Housing Counseling to Help with Homeownership

The U.S. Department of Housing and Urban Development’s (HUD) Office of Housing Counseling is announcing the award of $10 million in grant funding under its Homeownership Initiative to 23 HUD-approved housing counseling agencies. The funding will support activities by these agencies to prepare and equip prospective homebuyers to successfully navigate the homebuying process and guide them to access affordable homes. The announcement was made in Harrisburg, PA, by Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordonat the Pennsylvania Housing Finance Agency, a recipient of one of the grants under the program. The Pennsylvania Housing Finance Agency is receiving more than $479,000 through this funding opportunity to support their network of affiliates in delivering homeownership counseling programs.

“This Homeownership Month, I’m proud to announce that we are awarding another $10 million to equip prospective homebuyers with the tools they need to navigate the process, which will expand homeownership to everyone who wants it,” said HUD Acting Secretary Adrianne Todman.

The grants awarded will enable HUD-approved housing counseling agencies to provide culturally sensitive and linguistically appropriate services for pre- and post-purchase housing counseling, with the goal of increasing homeownership rates among historically underserved communities.