West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) received a $713,236 U.S. Department of Housing and Urban Development (HUD) grant to help rural residents find housing, make informed housing choices or keep their current homes.
RCAC trains housing counselors to support, guide and advise consumers who are buying or renting a home, are homeless, seeking reverse mortgages, have credit issues or are at risk of default or foreclosure. Housing counselors educate first-time homebuyers, help homebuyers select the right mortgage product and help buyers avoid predatory lenders. Since 2004, RCAC’s housing counseling sub-grantees have helped more than 110,000 clients.
“The funding we receive from HUD is critical to helping families realize their dreams of home ownership, but also to avoid foreclosure and find affordable places to rent.” said Stan Keasling, RCAC Chief Executive Officer.
RCAC’s grant was part of a larger $43 million dollar HUD award to 207 HUD-approved local housing counseling agencies, national and regional organizations, and state housing finance agencies. The funding will help approximately one million Americans make more informed housing choices.
Founded in 1978, RCAC provides training, technical and financial resources and advocacy so rural communities can achieve their goals and visions. RCAC serves rural communities in 13 western states and western Pacific islands. Services are available to communities with populations of fewer than 50,000, other nonprofit groups, Tribal organizations, farmworkers, colonias and other specific populations. RCAC staff provides direct services in collaboration with local and community partnerships in three program areas: affordable housing, environmental services, and lending. To learn more About RCAC >>
Julia Helmreich, director
Communications, Development & Events