SPRINGFIELD, Ill. (AP) — Five Illinois cities will receive federal funding to help people find quality housing or keep current homes.
The U.S. Department of Housing and Urban Development announced $47 million in housing counseling grants Monday. Illinois will receive $1.4 million of that to assist nearly 53,000 households.READ MORE: Chicago Pride History Makers: Lasaia Wade, Jae Rice And Kwyn Townsend-Riley
HUD counseling money will go to Carlinville, Chicago, Grayslake, Joliet and Springfield.READ MORE: Police Call In SWAT Team After Woman Is Found Shot At Club Quarters Central Loop Hotel Downtown
Housing Action Illinois will help distribute funding. Executive director Sharon Legenza says nonprofit housing counselors help people navigate the mortgage process, avoid predatory lending and foreclosure, and establish budgets for the future.
HUD officials say home ownership is the primary way families begin to build wealth. The Illinois home ownership rate is 65 percent.
HUD published research last fall that found counseling improves the home-buying and -ownership process.
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