Assistance program
Housing Counseling Program Homeownership Initiative
$6.8 Million committed in FY2024–FY2026
- Agency
- Asst Secretary for Housing--Federal Housing Commissioner, Housing and Urban Development, Department of
- Assistance
- Not Applicable
- CFDA number
- 14.022
- What it does
- The Homeownership Initiative (HI) helps to bridge the homeownership gap by increasing homeownership rates among historically underserved borrowers. HUD-approved Intermediaries, Multi-State Organizations, and State Housing Finance Agencies will receive fixed amount awards to provide culturally sensitive linguistically appropriate pre-purchase and post-purchase counseling that results in home purchase.
- Who benefits
- Not Applicable
- Who applies
- Qualified public or private nonprofit organizations. There are three categories of eligible applicants: (1) HUD-approved intermediary; (2) State housing finance agency; and (3) multi-state organizations.
- Authorized by
- Housing and Urban Development Act of 1968, as amended., Title Housing and Urban Development Act of 1968 (12 U.S.C 1701x), Part 214, Section 106.
Committed by fiscal year
* FY2026 is year-to-date — the fiscal year is still in progress, so its total is still filling in. The striped band and dashed line mark that provisional stretch.
Top recipients
By dollars committed.
How to read these numbers
- Committed through this program
Money committed under this assistance listing (its CFDA program), counted in the year each action happened.
- How it's paid
Most programs pay out one way — a grant, or a direct payment to individuals; the flow bar only appears when a program genuinely mixes types.
- Some recipients aren't itemized
For entitlement programs like Social Security and Medicare, the government reports one aggregate instead of naming tens of millions of people, so the recipient roster isn't part of the public record.
- Awards, counted once
An award count is the number of distinct awards with at least one action that year — each counted once, however many times it was amended.
- The colored bars
Every bar on this page splits by how the money moves:
Direct payments