Project Grant HC240331002

Award Date 10/1/24
Completion Date 9/30/25
Dollars Obligated $152K
Federal Grant Program
14.169
Assistance Type
Project Grant
Place of Performance
Marmora, NJ 08223, USA

The Department of Housing and Urban Development (HUD) awarded a $151,875 Comprehensive Housing Counseling (CHC) Assistance Program (CFDA 14.169) project grant to Consumer Credit & Budget Counseling, Inc., operating as the National Foundation For Debt Management. This grant supports the organization's provision of comprehensive housing counseling services to individuals, groups, and families who are renters, tenants, homeowners, and home buyers. Key activities funded by the grant include pre-purchase/home buying counseling, mortgage delinquency and default resolution counseling, and non-delinquency post-purchase counseling. The organization is also required to partner with a minority-serving institution (MSI) to provide housing counseling services to the MSI's community and expand these partnerships. Quantifiable outcomes tracked for the grant include the number of households that gained access to housing resources, received information on fair housing and lending, improved living conditions, purchased homes, received reverse mortgages, prevented or resolved mortgage defaults, and received loan modifications.

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