Section Highlights

NFMC Round 6 Counseling Funds

On March 19, 2012, NeighborWorks America announced that $73.8 million has been awarded to 32 state housing finance agencies (HFAs), 18 HUD-approved housing counseling intermediaries, and 86 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure. Just four months after the sixth round of National Foreclosure Mitigation Counseling (NFMC) Program funds were appropriated; communities across our country will be able to put the funds to immediate use.

View a list of NFMC Round 6 Grantees by award amount or by State.

Demand for these funds far exceeded the amount of funding available; eligible applicants requested over $124 million in NFMC grant funds. In total, more than 1,300 nonprofit counseling agencies and local NeighborWorks organizations across the country are expected to be engaged in the NFMC Program as a result of these awards. To date, more than 1,350,000 families in all 50 states, Puerto Rico and Guam have received foreclosure counseling through the NFMC Program. It is estimated that nearly 190,000 families facing the threat of foreclosure will be directly assisted with this sixth round of funding. Many more will be helped by the training of foreclosure counselors, provided through the NFMC Program. NeighborWorks expects to train about 2,000 counselors with the sixth round of NFMC funding.

NFMC Round 6 Award Information

NFMC Round 6 Start-Up Documentation

NFMC Round 6 Program Details and Requirements

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