ANNOUNCEMENTS

NEW!  NeighborWorks America Competes a Fourth Round of NFMC Counseling Funds

• NEW! A fourth round of NFMC Counseling Funds is currently open for application in GrantWorks. Eligible applicants have been notified of their ability to apply, and awards will be announced on or before April 15, 2010. By statute, eligible applicants are HUD-Approved Housing Counseling Intermediaries, State Housing Finance Agencies, and NeighborWorks organizations with demonstrated experience in foreclosure counseling. For more information, please review the Round 4 NFMC Counseling Funds section of this web page.

• NFMC RELEASES FOURTH CONGRESSIONAL REPORT
  On November 16, NeighborWorks America released its fourth report to Congress on NFMC Program activity. The program continues to help homeowners facing foreclosure by providing them with much needed loss mitigation counseling. To date, the program has provided 762,284 struggling homeowners with foreclosure prevention counseling. View Highlights and download the report in the Congressional Reports section.
  

• Videos, presentations and other resources are available from two workshops NFMC hosted for Grantees and Sub-grantees at the NeighborWorks Training Institute held in Washington, DC in December 2008. One workshop provided an opportunity for participants to hear from lenders on their recent loan modification programs, and the other workshop was a forum to ask NFMC staff any questions regarding the program. View resources.
  

FORECLOSURE COUNSELING TRAINING

NFMC Funds are being used to build mortgage foreclosure and default mitigation counseling capacity of counseling organizations. NeighborWorks is providing:

• Scholarships to attend NeighborWorks Training Institutes
• Regional, multi-course Place Based Trainings sponsored and hosted by
  NeighborWorks America
• Place-Based Trainings sponsored by NeighborWorks America and
  hosted by HUD Intermediaries and/or state Housing Finance Agencies
• An on-line Foreclosure Basics e-learning course

For information about accessing these opportunities, go to the NeighborWorks Center for Homeownership Education and Counseling (NCHEC) Foreclosure Counseling Training Program.

New!  ROUND 4 NFMC COUNSELING FUNDS

On December 16, 2009, President Obama signed the Consolidated Appropriations Act of 2010 (PL 111-117) which appropriates $65 million to NeighborWorks America to continue the National Foreclosure Mitigation Counseling Program. This appropriation provides funds for foreclosure counseling, training for foreclosure counselors, and administrative expenses associated with running the NFMC program. View an excerpt from the statute [PDF, 19 KB] for additional details.

New!   FUNDING ANNOUNCEMENT AND APPLICATION QUESTIONS

• Legislation [PDF, 19 KB] governing  NFMC Round 4 funds (updated 1/11/2010)
• New! Round 4 Funding Announcement [PDF, 1.2 MB]
• Full Application Questions for Intermediaries and Housing Finance Agencies [PDF, 206 KB] (updated 1/12/2009)
• Full Application Questions for NeighborWorks Organizations [PDF, 206 KB] (updated 1/12/2010)
• Streamlined Application Questions for all qualifying Applicants [PDF, 346 KB] (updated 1/12/2010) 
• New! Scoring Guidance for Streamlined application [PDF, 128 KB]
• New! Scoring Guidance for Full application [PDF, 133 KB]
• New! Application Guides for Streamlined Application [PDF, 246 KB]  
• New! Application Guides for Full Application for Intermediaries & HFAs [PDF, 367 KB]
• New! Application Guides for Full Application for NeighborWorks Organizations [PDF, 328 KB]

New!  PROGRAM DETAILS AND REQUIREMENTS

• Intermediary/HFA Bidders'Conference - January 12, 2010
  
  • Power Point for Bidders’ Conference with Intermediaries and HFAs [PPT, 315 KB] (updated 1/12/2009) 
  • Streaming Recording of Conference (2 hours, 8 minutes)
  • Downloadable Recording of Conference (2 hours, 8 minutes)
    
    
• NWO Bidders' Conference - January 13, 2010
  • Power Point for Bidders’ Conference with NeighborWorks Organizations [PPT, 261 KB] (updated 1/12/2010)
  • Streaming Recording of Conference (1 hours, 45 minutes)
  • Downloadable Recording of Conference (1 hours, 45 minutes)
    
    
• Eligible Applicants are State Housing Finance Agencies, HUD-Approved Housing Counseling Intermediaries, and NeighborWorks Organizations with demonstrated experience in foreclosure counseling.  Local Housing Counseling agencies cannot apply directly but can receive sub-grants from State Housing Finance Agencies and/or HUD-Approved Housing Counseling Intermediaries.  Individual homeowners cannot apply directly but can find a foreclosure counselor at www.findaforeclosurecounselor.org. 
• Areas of Greatest Need for Round 4 Funding [PDF, 126 KB]
• Zip codes that are majority low-income and majority minority [XLS, 807 KB]
• National Industry Foreclosure Counseling Standards [PDF, 115KB]
• Client-level Data Points [PDF, 149 KB] Required for NFMC Round 4 (updated 1/11/2010)
• Quarterly Report Questions [PDF, 164 KB] for NFMC Round 4 (updated 1/11/2010)
• Guidance of Valuing In-kind Match [PDF, 17 KB] (updated 6/25/2009)  
• Projected Grant Timeline [PDF, 29 KB] (updated 1/11/2010)  

New!  FORMS

• Application Data Collection Forms for NWOs [XLS, 66 KB]
• Application Data Collection Forms for State HFAs or HUD-Approved Housing Counseling Intermediaries [XLS, 60 KB]
• Application Data Collection Forms for Streamlined Application [XLS, 41 KB] (all applicants)
• Match Waiver Request [XLS, 22 KB]– Smaller than County Level (updated 6/25/2009)
• Sample Disclosure Letter [DOC, 40 KB] (updated 6/25/2009)
• Sample Third Party Authorization Form [DOC, 35 KB]   (updated 6/25/2009)
  

CONTACT INFORMATION

For more information about the National Foreclosure Mitigation Counseling Program,
call 202-220-6314, or email nfmc@nw.org.