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Becoming HUD Approved - PowerPoint PPT Presentation

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Becoming HUD Approved. Overview. Program Administration Program Goals and Objectives Benefits of HUD Approval Approval Criteria Housing Counseling Resources Qualifications Application Process. Housing Counseling Program Objectives . Provide basic housing counseling services

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Overview l.jpg

  • Program Administration

  • Program Goals and Objectives

  • Benefits of HUD Approval

  • Approval Criteria

  • Housing Counseling Resources

  • Qualifications

  • Application Process

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Housing Counseling Program Objectives

  • Provide basic housing counseling services

  • Outreach to potential first-time homebuyers

  • Enable clients to become more knowledgeable about housing programs

  • Assist renters to locate and qualify for assisted rental units

  • Help eligible homeowners obtain affordable housing

  • Help homeowners avoid foreclosure or evictions

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Housing Counseling Program Goals

  • Reduce losses to Single Family (SF) insurance fund

    • Reduce mortgage defaults and foreclosures

  • Reduce losses to Multifamily (MF) insurance fund caused by rent delinquencies and evictions

  • Increase Homeownership participation

  • Stabilize and Revitalize Communities

  • Promote Economic Growth

  • Assist homeless, renters, and potential and distressed homeowners

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Benefits of HUD Approval

  • Eligible to apply for HUD Housing Counseling Grants

  • Eligible for Community Development Block Grants through local governments

  • Have access to a larger audience through HUD’s web site/toll-free number

  • Receive technical assistance and training from HUD

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Other Benefits

  • Form partnerships with local municipalities or state agencies to administer housing programs

  • Form partnerships with other housing industry members

  • Apply for grants from other financial institutions, nonprofits, or local governments

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Acquire 501 (C) (3) Tax Exempt Status

  • Acquire a 501 (C) (3) status from the Internal Revenue Service if you do not already have one.

  • It establishes a protective layer between your church, mosque, temple, etc; and provides the legal responsibilities associated with provision of social services.

  • A 501 (C) (3) Non-Profit organization is a Business.

  • It is operated according to sound business principles.

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Why Plan?

  • “Will you tell me please, which way I ought to go from here?” said Alice.

  • “That depends a good deal on where you want to get to,” said the cat.

  • “I don’t much care where,” said Alice.

  • “Then it doesn't matter which way you go,” said the cat.

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Design a Housing Counseling Plan

  • Develop a comprehensive housing counseling and education program plan which includes:

    • Type of services Provided

    • Experience

    • Staff

    • Facilities

    • Budget

    • Target Area

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Identify Your Resources

  • Approval depends on how you demonstrate that you have adequate resources needed to run a successful Housing Counseling Program.

    • Partnerships/Community Resources

    • Funding Resources

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Focus on Your Community

  • HUD requires that you serve the community in which you are located. You must identify:

    • Your area population

    • Social economic Factors (NEED in Community)

    • Racial & Ethnic make-up of the population

    • Age and condition of the housing

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Get Started

  • Evaluate your present program structure.

  • Identify your outcomes

    • Describe anticipated results to be achieved

      • What has changed because you were funded

  • Secure needed documentation.

  • Have clear understanding of the process.

  • Prepare to submit.

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  • Notice of Approval. If the application package meets all requirements, HUD has the ability to approve an agency for a period of up to three years.

  • HUD will advise the agency of its approval in the form of an approval letter to the agency's main office.

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  • Local/Multi-state applications:

    • Atlanta Homeownership Center

      • Attn: Gayle F. Knowlson, Director

      • Single Family, Program Support Division

      • 40 Marietta Street, 9th Floor

      • Atlanta, GA 30303

      • Phone: 404 331-5001, ext. 2345

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Contact Information

  • Carolyn Hogans, Branch Chief

    Phone:  (404) 331-5001 ext. 2129

    Email: E.Carolyn.Hogans@HUD.Gov

  • Tracy Fields, Housing Program Specialist

    Phone: 404-331-5001 x2126

    Email: Tracy.C.Fields@HUD.Gov

  • Vivien King, Housing Program Specialist

    Phone:  404-331-5001 x2096

    Email: Vivien.T.King@Hud.Gov