How did the Credit Union/HUD Housing Counseling Program begin?
• In March 2002, the Department of Housing and Urban Development (HUD) approved the National Credit Union Foundation (NCUF) as a national intermediary for HUD’s Single Family Housing Counseling program. As an approved national intermediary, NCUF became eligible to apply for funding from the program and launched the national credit union housing counseling program with their first grant in October 1, 2003. From 2003 through September 2008, NCUF served as the national intermediary for this program, and the Federation served as a technical assistance provider to NCUF. In 2007 the Federation and NCUF agreed to transition the national intermediary role to the Federation, which became HUD Approved as a national intermediary in February 2008 and assumed full responsibility for the program on October 1, 2008. info@cdcu.
