Housing Counseling Process Evaluation and Design of ... - HUD User

Exhibit 5-1.
Share of Total Funding for Counseling by Source
HUD Counseling Funds 13.5%
Other Federal Sources 12.4%
State Government 11.8%
Other Private Sector 10.3%
Financial Institution 9.7%
Local Government 8.3%
CDBG Program 8.3%
Foundation 6.9%
Agency's Own Funds 6.5%
HOME Program 3.3%
Client Fees 3.1%
Intermediary's Own Funds
2.4%
Public Housing Authority 2.0%
= Private Sector
= Government
Fannie Mae, Freddie Mac, or FHLB
1.4%
0% 2% 4% 6% 8% 10% 12% 14% 16%
Source: Abt Associates survey of HUD-approved counseling agencies.
Note: Based on survey responses of 1,016 agencies.
Most agencies’ budgets for housing counseling and education are fairly modest (Exhibit 5-2). About
half of all agencies have total annual budgets that are less than $100,000, including 27 percent that
have budgets less than $50,000. Only 22 percent of agencies have budgets that are $250,000 or
larger, including 7 percent that are larger than $500,000, and 2 percent that are larger than
$1,000,000. However, agencies with annual counseling budgets of $250,000 or more account for
nearly two-thirds of the aggregate counseling budget across all agencies.
Chapter 5. Sources of Agency Funding and Costs of Providing Service 61