2017-2018 HECAT Funding Awards Announced
Nearly $1.6 million awarded to deliver homebuyer education and counseling, home equity conversion counseling, and foreclosure prevention counseling to over 8,800 Minnesotans.
The Homeownership Education, Counseling and Training (HECAT) fund provides yearly financial support for comprehensive homebuyer training, including in-person homebuyer education and counseling, financial wellness, home equity conversion counseling, and foreclosure prevention counseling.
The total amount of funding available for the 2017-2018 HECAT year is near $1.6 million with contributions of $948,000 from Minnesota Housing and $650,000 from the Minnesota Home Ownership Center, the Greater Minnesota Housing Fund and the Family Housing Fund. We received 40 proposals this round, requesting just over $2.2 million.
View a detailed breakdown and listing of funding awards, and learn more about HECAT on our website. Questions? Contact Que Vang at 651.296.7613.