Homeownership Counseling Grant Program

 
  • Grants Office Grantwriting service fee is currently unavailable for this grant
    Get more information on grantwriting

    CFDA#

    none.     		 

    Funder Type

    Corporate Foundation

    IT Classification

    B - Readily funds technology as part of an award

    Authority

    Wells Fargo

    Summary

    The Homeownership Counseling Grant Program (HCGP) is designed to provide financial resources to local nonprofit housing organizations to create affordable and sustainable homeownership opportunities for low-to-moderate income (LMI) people. This grant program focuses on homebuyer counseling, homebuyer education, and foreclosure prevention activities. 

    HCGP Program Segments:
    • 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.
      • Includes credit and budget counseling efforts.
    • Homebuyer Education
      Education with an established curriculum and instructional goals, provided in a group or classroom setting or via other formats (on-line), 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
      Efforts designed to help families keep homes that are facing foreclosure and stabilize the overall housing market.
      • Provides information and assistance to avoid foreclosure.
    • Down Payment/Closing Cost Assistance
      Funding used for down payment assistance/closing costs that assist homebuyers /homeowners to purchase or retain their homes.
    • Home Rehabilitation
      Efforts that focus on returning a residential structure (specific to homes of low-to moderate-income (LMI) homeowners/ homebuyers) to a state of utility, through repair or alteration.  May include simple repairs or replacement of items such as a furnace or a ramp (for handicap accessibility).
    • New Construction
      Efforts that focus on site preparation for, and construction of, entirely new structures and/or significant extensions to existing structures (specific to homes of LMI homeowners/homebuyers) whether or not the site was previously occupied.
     

    History of Funding

    None is available.

    Additional Information

    All grant applications are reviewed by a local Wells Fargo Housing Foundation charitable giving manager and committee for decision.

    Contacts

    Wells Fargo Foundation Staff

    Wells Fargo Foundation Staff
    Grant Technical Assistance
    420 Montgomery Street.
    San Francisco, CA 94104
    (888) 235-4351
     

  • Eligibility Details

    Those eligible to apply are nonprofit organizations.

    Deadline Details

    Requests may be submitted from June 1 through June 30, 2017. A similar deadline is anticipated annually.

    Award Details

    The average grant size is approximately $7,800.

    Related Webcasts Use the links below to view the recorded playback of these webcasts



 

You have not selected any grants to Add


Please select at least one grant to continue.


Selections Added


The selected grant has been added to your .



  Okay  

Research Reports


One of the benefits of purchasing an UPstream® subscription is
generating professional research reports in Microsoft® Word or Adobe® PDF format
Generating research reports allows you to capture all the grant data as
well as a nice set of instructions on how to read these reports


Watchlists and Grant Progress


With an UPstream® subscription you can add grants to your
own personal Watchlist. By adding grants to your watchlist, you will
receive emails about updates to your grants, be able to track your
grant's progress from watching to awards, and can easily manage any
step in the process through simplified workflows.

Email this Grant


With an UPstream® subscription, you can email grant details, a research report,
and relevant links to yourself or others so that you never lose your
details again. Emailing grants is a great way to keep a copy of the
current details so that when you are ready to start seeking funding
you already know where to go