We have just learned that the Transportation and HUD Subcommittee staff are recommending no funding for HUD Housing Counseling in the FY 2012 Budget. This means that HUD Housing Counseling will be zeroed out for a second year in a row. We all know this will mean tens of thousands of people not served, housing counselor layoffs, and agency closings. You need to act now. Next week will be too late.
The HUD housing counseling program is the ONLY federal program that provides explicit support for the following services: Pre-purchase counseling and education for first-time homebuyers; Post-purchase counseling and education for homeowners; Reverse mortgage counseling for senior homeowners; Renter counseling, including for families transitioning out of homeownership; Counseling for homeless individuals and families seeking shelter or other transitional housing.
Click here to find three steps to save HUD funding immediately.