Secretary of Housing and Urban Development (HUD) Secretary Shaun Donovan has announced the award of $73 million in housing counseling grants to more than 500 national, regional, and local organizations. The grants represent an increase of $13 million or 22 percent over last year's funding. According to HUD, the funds will permit hundreds of thousands of households a greater opportunity to find housing or keep their existing homes. Donovan pronounced the HUD-approved counseling agencies a critical part of the nation's housing recovery. "These organizations are on the front lines of helping families who are desperate to remain in their homes," he said. "Now, more than ever, it's crucial that we support these agencies that are working with struggling families on a one-to-one basis to manage their...(read more)
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Source: http://www.mortgagenewsdaily.com/12272010_hud_housing_counseling.asp
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