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Friday, October 23, 2009

Funds provided to first time buyers in Charleston and West Virginia

First time buyers in Charleston, West Virginia will receive federal funds from U.S. Department of Housing and Urban Development (HUD) to buy houses. Nearly $142,401 funding will be provided by HUD housing counseling grants. The grant will also help homeowners who are going to lose their properties to foreclosures. According to industry experts, HUD certified counseling agencies provide homeownership counseling as well as financial management education and training to homeless families and individuals.

The West Virginia funding is part of the HUD's $60 million housing counseling grants across the country. The nationwide grant program supports the delivery of housing counseling assistance and services by 5 state organizations, 24 regional and national organization and 463 housing counseling agencies in various states and municip

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