BECOMING HUD APPROVED. Overview Program Administration Program Goals and Objectives Benefits of...

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BECOMING HUD APPROVED

Transcript of BECOMING HUD APPROVED. Overview Program Administration Program Goals and Objectives Benefits of...

Page 1: BECOMING HUD APPROVED. Overview  Program Administration  Program Goals and Objectives  Benefits of HUD Approval  Approval Criteria  Housing Counseling.

BECOMING HUD APPROVEDBECOMING HUD APPROVED

Page 2: BECOMING HUD APPROVED. Overview  Program Administration  Program Goals and Objectives  Benefits of HUD Approval  Approval Criteria  Housing Counseling.

Overview

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 Housing Counseling Program Objectives

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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

Housing Counseling Program Goals

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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 Approval5

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 6

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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APPROVAL

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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SUBMIT APPLICATION 14

Local/Multi-state applications:

Atlanta Homeownership CenterAttn: Gayle F. Knowlson, Director

Single Family, Program Support Division

40 Marietta Street, 9th FloorAtlanta, GA 30303Phone: 404 331-5001, ext. 2345

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Contact Information

Carolyn Hogans, Branch Chief

Phone:  (404) 331-5001 ext. 2129

Email: [email protected]

Tracy Fields, Housing Program Specialist

Phone: 404-331-5001 x2126

Email: [email protected]

Vivien King, Housing Program Specialist

Phone:  404-331-5001 x2096

Email: [email protected]

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