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Housing Counseling FAQ
Q

What information should be included in the agency’s Proposed Annual Housing Counseling Budget?

Date Published: October 2015

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A

The budget must show sufficient funds to run the housing counseling program for 12 months. The housing counseling budget revenue includes grant income, sub-recipient program income, other program income (e.g., Neighborhood Stabilization Program Funds), and in-kind contributions that require documentation, such as commitment letters. The housing counseling budget expenses typically consist of counseling program salaries, fringe benefits and a minimum amount of operating and administrative expenses.


Tags: Housing Counseling Program Housing Counseling Agency Approval

FAQ ID:

2450