Posted: Oct 15, 2009 6:18 AM by sleonard
NEW ORLEANS (AP) - The U.S. Department of Housing and Urban Development is giving four parishes more than $135,000 each for housing counseling grants.
The grants for agencies in Jefferson,Lafayette, New Orleans, and Shreveport were announced on Wednesday.
Officials say they will help families facing foreclosure, seeking affordable rental housing, or hoping to buy their first home by helping them understand the ins and outs of the processes.
The housing counseling grants will help families become first-time homeowners and remaine homeowners after their purchase.
HUD-approved counseling agencies not only provide homeownership counseling, but also offer financial literacy training to renters and homeless individuals and families.
(Copyright 2009 by The Associated Press. All Rights Reserved.)