Presentation to the Housing Assistance Council December , 2012 Presented by: Sarah Gerecke, Acting Deputy Assistant Secretary, Office of Housing Counseling Office of Housing / Federal Housing Administration Office of Housing Counseling Update November 28, 2012 Slide 1
The Dodd-Frank Act brings about significant changes for housing counseling. Panelists will discuss the new counseling requirements and timelines for implementation. We will discuss policy opportunities and engage attendees in a dialogue on where rural housing fits into the current environment. This session will also explore foreclosure challenges and prevention programs that can help distressed low-income homeowners and will take a close look at how the Department of Veterans Affairs can assist rural veterans.
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Transcript
Presentation to the Housing Assistance Council
December , 2012
Presented by: Sarah Gerecke, Acting Deputy Assistant Secretary, Office of Housing Counseling
Office of Housing /Federal Housing Administration
Office of Housing Counseling Update
November 28, 2012 Slide 1
AGENDA HUD Office of Housing Counseling
Our Goals
Impact of Housing Counseling
Authority
New Office of Housing Counseling Structure
InitiativesOffice of Housing Counseling
UpdateNovember 28, 2012 Slide 2
April 12, 2023Slide 2
3
• To help consumers assess their financial situation and achieve their housing goals.
• To increase public awareness of HUD’s housing counseling programs.
• To increase the knowledge and capacity of HUD’s housing counseling network.
• To improve the impact of housing counseling on consumers and neighborhoods nationwide.
Office of Housing Counseling Goals
Office of Housing Counseling Update
November 28, 2012 Slide 3
April 12, 2023Slide 3
4
Program Impact
**Fiscal Year 2012 through June
Office of Housing Counseling Update
November 28, 2012 Slide 4
April 12, 2023Slide 4
5
Challenges for Housing Counseling Agencies Serving
Rural Areas• Economic conditions – unemployment• Smaller rental housing stock• Generally fewer community and social service
resources• Communication – Internet access, translation
services• Transportation/distance/geography• Less CRA-driven funding for housing counseling
Authority to EstablishThe HUD Office of Housing
CounselingDodd-Frank Wall Street Reform and Consumer Protection Act required HUD to establish an Office of Housing Counseling - Launched October 1, 2012The Act prescribed changes for the Housing Counseling Program:
Streamlining all aspects of the program, including the grant application process
Certify housing counselors through written examination Create an Advisory Committee to provide strategic planning and
policy guidance Implement standards for Program Approval, Materials, Training,
Testing and Counselor Certifications Certify software systems for consumers to compare mortgage
Office of the Deputy Assistant Secretary The mission of the Office of the Deputy Assistant Secretary (DAS) is to provide leadership
and vision, to help consumers assess their financial situation and achieve their housing goals.
Office of Policy and Grant Administration The mission of the Office of Policy and Grant Administration is to create a stronger, more
sustainable framework and infrastructure for HUD’s Housing Counseling Programs. Responsible for: Housing Counseling Notice of Funding Availability (NOFA) administration;
developing regulations; measuring and reporting housing counseling impact, and research.
Office of Housing Counseling Update
November 28, 2012 Slide 8
April 12, 2023Slide 8
Office of Outreach and Capacity Building Mission is to train and certify housing counselors and increase public
awareness of HUD’s housing counseling programs.
Will assemble an Advisory Committee mandated by Dodd-Frank legislation.
Will provide technical assistance to HUD counseling agencies as needed and requested.
Will analyze the compliance and effectiveness of HUD-approved agencies and counselors, and will provide training to agencies as needed.
Offices Within the Office of Housing Counseling, Continued
Office of Housing Counseling Update
November 28, 2012 Slide 9
April 12, 2023Slide 9
Office of Oversight and Accountability Mission is to ensure quality and effective counseling services through
monitoring and certification of HUD-approved agencies and counselors.
Will gather data and prepare reports on the activities and outcomes of housing counseling agencies.
Will assist in developing policy and regulations for the OHC and recommend/implement sanctions for noncompliance of such regulations.
Offices Within the Office of Housing Counseling,
Continued
Office of Housing Counseling Update
November 28, 2012 Slide 10
April 12, 2023Slide 10
• Distribute grants quickly, while reducing unnecessary paperwork.• Strengthen relations and communication between HUD and
housing counseling network, in order to achieve bigger community impact.
• Ensure quality counseling while streamlining review process.• Approve agencies up to a three year period based on several
factors.• Report long term impact of housing counseling on consumers
and neighborhoods.• Support state and local governments and networks expanding
housing counseling programs.• Increase visibility of housing counseling within and outside HUD.
Office of Housing Counseling Program Initiatives
Office of Housing Counseling Update
November 28, 2012 Slide 11
April 12, 2023Slide 11
• Newly Assigned Points of Contact (POC)• Counselor Certification • Build capacity of housing counseling agencies by
supporting intermediaries, housing finance agencies, and regional and local coalitions to provide oversight, technical assistance, and efficiencies of scale in grantmaking and reporting.
• Encourage local housing counseling agencies to affiliate with intermediaries and HFAs in order to realize these benefits and prepare for future program changes.
• Increase remote monitoring
Office of Housing Counseling Program Initiatives, Continued
Office of Housing Counseling Update
November 28, 2012 Slide 12
April 12, 2023Slide 12
Office of Housing Counseling Webpage:www.hud.gov/housingcounseling
FY2013 Notice of Funding Availability:Please check for the announcement at: www.grants.gov