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Daily Real Estate News  |  December 28, 2010  |   HUD Awards Funds for Housing Counseling
The Department of Housing and Urban Development has announced $73 million in grants to housing-counseling agencies nationwide.

This total was 22 percent more than last year and the largest amount awarded since the program was begun in 1968.

"These organizations are on the front lines of helping families who are desperate to remain in their homes," HUD Secretary Shaun Donovan said in a statement. "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 money, navigate the home-buying process, and secure their financial futures."

Source: Washington Post, Dina ElBoghdady (12/24/2010)

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