Partial HUD Housing Counseling Funding Restored
Partial HUD Housing Counseling Funding Restored for FY2012
This is good news for HOME, Inc.! This means that potentially HUD will now issue a grant that HOME, Inc. can apply for to receive some Housing Counseling Funds. Funds overall are down ($45 million) from the ($87 million) where they used to be, but it is better than nothing!
While HOME, Inc. does not provide HECM counseling, the link below (from Reverse Mortgage Daily) provides a good overview of the funding.
http://reversemortgagedaily.com/2011/11/18/obama-signs-spending-bill-hud-housing-counseling-funding-restored-through-2012/
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