Housing Counseling Oversight

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Panel Calls for Congress to Restore Counseling Funding

Sep 15, 2011By

In a hearing before the House Financial Services Subcommittee on Insurance, Housing, and Community Opportunity entitled "HUD and NeighborWorks Housing Counseling Oversight," participants pointed to the need for funding to be restored to support counseling programs.   Appearing in the first panel, Deborah Holston, Acting Deputy Assistant Secretary for Single Family Housing at HUD stated that the recent budget debate that resulted in an $88 million cut of counseling funding has put consumer protections provided by the programs at risk.  In order to support the renewal of funding, she stated that HUD has been work to improve the process