Foreclosure Counseling (NFMC) Supplemental Grants
National Foreclosure Mitigation Counseling (NFMC) supplemental grants will consist of underutilized NFMC Program
funding made available from previous grant rounds, due to recapture, de-obligation, and roll-over of funds from previous grant rounds; future appropriations; or any other funding source or mechanism.
As of Dec. 9, almost all fiscal year 2017 appropriations bills have not become law and the majority of the government is operating under a short-term Continuing Resolution through April 28, 2017. NeighborWorks has made the decision to move forward with the supplemental grant application for the NFMC Program. Conducting the application process now will mean funding decisions can be made as quickly as possible should funds be appropriated for this program. If additional funds are not appropriated, the program would make funding decisions based on the amount available only from the recapture, de-obligation and roll-over from previous grant rounds.
Grantees that receive supplemental grant funds will be required to align with all requirements that govern the awarding of NFMC Program Round 10 and supplemental grant funds.
Provisions of the NFMC Program, as stated in Round 10 funding announcement
and Supplemental Grant Addendum
, are subject to change.
NFMC Supplemental Grants Application Information
Applications for NFMC supplemental grant funds were due on Wednesday, Nov. 9. In total, 72 organizations requested more than $53 million as follows:
- 17 HUD-approved housing counseling intermediaries requested more than $8.7 million.
- 15 state housing finance agencies requested more than $40.8 million.
- 40 NeighborWorks organizations requested more than $3.5 million.
Program Details and Requirements