Sixteen nonprofit leaders will be attending the upcoming NeighborWorks Training Institute in Philadelphia after receiving scholarship money from the Pennsylvania Housing Finance Agency.

All of the community nonprofit leaders receiving the funds are expected to benefit from a $40,000 PHFA grant, which is funding the initiative to ensure Pennsylvania community leaders have the tools needed to help future and current homeowners.

As a result, sixteen leaders from various community nonprofits will be able to enhance their skills in the housing counseling space through a series of courses. 

"The Pennsylvania Housing Finance Agency is the first housing finance agency to fund scholarships to the NeighborWorks Training Institute," said Paul Kealey, director of training programs at NeighborWorks America.

With the mortgage market changing dramatically as rates re-adjust, housing counselors are on the front lines ensuring that current and future borrowers understand how much they can afford.

"We believe an educated consumer makes the best housing decisions, and our housing counselors in Pennsylvania are on the front lines everyday helping to inform and advise renters and homebuyers," added PHFA Executive Director and CEO Brian A. Hudson Sr. "We’re proud to support the NeighborWorks Training Institute with our grant because of the good work it does to better prepare counselors across the state for working with housing consumers in Pennsylvania."