Two Long Island agencies will get a total of $151,000 to beef up efforts to help homeowners in distress, the U.S. Department of Housing and Urban Development said in announcing $73 million in housing counseling aid today.
The Community Development Corp. of Long Island will receive $113,000 in two grant. The biggest, $70,000, will help homeowners get loan modifications and recover from mortgage scams, while $42,865.98 will be reserved for housing counseling in general.
The Nassau County Office of Housing & Intergovernemental Affairs will get $37,949.74 for counseling services.
The funds are the latest in a stream of federal aid to housing counselors, who have been swamped with homeowners requesting help. In the past, HUD aid has allowed Long Island agencies to hire more counselors, set up more training and reach out to those in the foreclosure process.
“We are thrilled,” said Eileen Anderson, above left, senior vice president at the Community Development Corp. of Long Island, which went from five housing counselors last year to eight now. “This provides us with the funding necessary to keep our programs robust."
Last year, she said, her group got $23,000 for counseling from HUD. The new money will go to educating house hunters and helping delinquent homeowners, Anderson said.
HUD officials said the new grants reflect a 22 percent increase, or $13 million, in funding compared to last year. The new money for Long Island is part of $6.4 million being distributed statewide.
Read more of Inside Long Island Business