« View All Upcoming Grants

Deadline: July 30, 2019

Wells Fargo Housing Foundation: Homeownership Counseling Grant Program

The Homeownership Counseling Grant Program (HCGP) provides financial resources to local nonprofit housing organizations to create affordable and sustainable homeownership opportunities for low-to-moderate income (LMI) people. The grant program focuses exclusively on:

  • Homebuyer counseling: Counselor-to-client assistance that addresses unique financial circumstances and housing issues and focuses on overcoming specific obstacles to achieve housing goals such as: repairing credit, locating cash for a down payment, recognizing predatory lending practices, understanding fair lending and fair housing requirements, avoiding foreclosure, or resolving a financial crisis. This focus also includes credit and budget counseling efforts.
  • Homebuyer education: Education with an established curriculum and instructional goals, provided in a group or classroom setting or other formats (such as online), that covers such homeownership topics as the home buying process, how to maintain a home, budgeting, the importance of good credit, and other home buying related subjects. Pre-homebuyer education includes 4-8 hour workshops. Post-homebuyer education includes reverse-mortgage education efforts.
  • Foreclosure prevention counseling: Counseling efforts designed to help families keep homes that are facing foreclosure and stabilize the overall housing market. This program provides information and assistance to avoid foreclosure.

Amount: Not specified.

Eligibility: Nonprofit organizations that are tax exempt under Internal Revenue Service Code 501(c)(3). The applicant must have completed at least two consecutive years of operations as of the date of application. The project/program must serve low to moderate income homebuyers and homeowners.

Link: https://www.wellsfargo.com/about/corporate-responsibility/community-giving/housing-philanthropy/index

This post was filed under:

« View All Upcoming Grants