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HUD offers $58 million for housing counseling P

By Implode-Explode Heavy Industries

" The U.S. Department of Housing and Urban Development today announced that more than $58 million is available for a broad range of housing counseling programs to help families find and preserve housing. The funding is an increase of $11 million, or 23 percent, over last year. These grants will be awarded competitively to hundreds of HUD-approved counseling agencies and State Housing Finance Agencies that offer a variety of services including how to purchase or rent a home, how to avoid foreclosure, how to improve credit scores, and how to qualify for a reverse mortgage."

Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2009 (boomark / email).