This grant, offered by the Housing Assistance Department, aims to preserve homeownership by funding counseling services. Its primary purpose is to help homeowners prevent and resolve mortgage delinquency, default, and foreclosure. Counselors provide crucial guidance to enable families to manage homeownership responsibilities effectively. They assist in modifying or refinancing loans to avoid detrimental conditions like high interest rates, unaffordable terms, and potential loss of equity or increased debt that can lead to foreclosure. Additionally, this program supports homeowners by addressing inquiries related to mortgage scams and facilitating the reporting of potential victimization, ensuring vulnerable individuals are protected from fraudulent schemes and retain their homes.
Opportunity ID: 95253
General Information
| Document Type: | Grants Notice |
| Funding Opportunity Number: | FR-5415-N-43 |
| Funding Opportunity Title: | Mortgage Modification and Mortgage Scams Assistance Housing Counseling |
| Opportunity Category: | Discretionary |
| Opportunity Category Explanation: | – |
| Funding Instrument Type: | Grant |
| Category of Funding Activity: | Housing |
| Category Explanation: | – |
| Expected Number of Awards: | – |
| Assistance Listings: | 14.169 — Housing Counseling Assistance Program |
| Cost Sharing or Matching Requirement: | No |
| Version: | Synopsis 1 |
| Posted Date: | May 18, 2011 |
| Last Updated Date: | – |
| Original Closing Date for Applications: | Jun 18, 2011 |
| Current Closing Date for Applications: | Jun 18, 2011 |
| Archive Date: | Jun 24, 2011 |
| Estimated Total Program Funding: | $10,023,000 |
| Award Ceiling: | – |
| Award Floor: | – |
Eligibility
| Eligible Applicants: | Others (see text field entitled “Additional Information on Eligibility” for clarification) |
| Additional Information on Eligibility: | Eligible applicants for this grant are HUD-approved Intermediaries and HUD-approved Local Housing Counseling Agencies (LHCAs) that meet the threshold requirements listed in Section III.C.2 of this NOFA.
NOTE: Agencies that were already awarded funding under the Housing Counseling NOFA issued July 26, 2010 are eligible to apply for this NOFA provided they meet the location requirement. |
Additional Information
| Agency Name: | Department of Housing and Urban Development |
| Description: | This program supports the delivery of counseling services to homeowners to prevent or resolve mortgage delinquency, default, and foreclosure, with the primary objective to preserve homeownership. Counselors provide guidance and information to help families and individuals meet the responsibilities of homeownership and modify or refinance their loans to avoid unreasonably high interest rates, unaffordable repayment terms, and other conditions that can result in a loss of equity, increased debt, default, and eventually foreclosure. Counselors can also assist homeowners with inquiries related to mortgage scams, and reporting instances of potential mortgage scams victimization. |
| Link to Additional Information: | Application Package and Instructions Download using CFDA Number ONLY. |
| Grantor Contact Information: | If you have difficulty accessing the full announcement electronically, please contact:
Technical Assistance and Programmatic Information. For program related information, LHCAs should contact the Homeownership Center (HOC) serving their area, as indicated below. Intermediaries should contact Joel Ibanez at 202 402-4338.
Email:joel.ibanez@hud.gov |
Version History
| Version | Modification Description | Updated Date |
|---|---|---|
Related Documents
Folder 95253 Full Announcement-1 -> 43 mmmsa final.pdf
Packages
| Agency Contact Information: | Technical Assistance and Programmatic Information. For program related information, LHCAs should contact the Homeownership Center (HOC) serving their area, as indicated below. Intermediaries should contact Joel Ibanez at 202 402-4338. Email: joel.ibanez@hud.gov |
| Who Can Apply: | Organization Applicants |
| Assistance Listing Number | Competition ID | Competition Title | Opportunity Package ID | Opening Date | Closing Date | Actions |
|---|---|---|---|---|---|---|
| 14.169 | MMMSA-43 | Mortgage Modification and Mortgage Scams Assistance | PKG00055130 | May 18, 2011 | Jun 18, 2011 | View |
Package 1
Mandatory forms
95253 SF424_2_1-2.1.pdf
95253 HUD_FaxTransmittal-1.1.pdf
95253 HUD_DetailedBudget-1.1.pdf
Optional forms
95253 HUD_DisclosureUpdateReport-1.1.pdf
95253 FaithBased_SurveyOnEEO-1.2.pdf
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