We've highlighted many times on the @Home blog how our collaborative network approach to homeownership education and counseling in Minnesota is unique. One of key pieces of our successful collaborative approach is that we are the only state in the country with a dedicated pool of funds that provides financial support to eligible non-profit organizations to deliver a variety homebuyer and homeowner services. This dedicated pool is known as HECAT (The Homeownership Education, Counseling and Training Fund).
Some of the valuable services that are funded through HECAT include:
- Pre-purchase education and counseling (Home Stretch),
- Post-purchase education and counseling,
- Home equity conversion counseling (Reverse Mortgages) and
- Foreclosure prevention counseling
Funds for HECAT come from a public-private partnership of agencies and organizations that are fully invested in ensuring that Minnesotans have access to the education and counseling tools necessary to achieve successful (sustainable) home ownership:
Each of the funding partners not only contribute financial resources they also actively participate in the grant-making process and provide technical assistance throughout the year.
The Request for Proposal (RFP) for funding for programs in 2013 and 2014 (funding year runs from October 1st through September 30th) is NOW OPEN. The deadline for applications is 3:00pm on Monday, June 10th. This is a STRICT deadline.
Submission of Applications: This year, nonprofits that are interested in applying for the HECAT RFP, must submit their applications both electronically and a hard copy via mail/dropoff before the deadline. A Box.com account is required for the electronic upload and it is HIGHLY recommended that you open an account well before the deadline to avoid possible issues.
For more information about HECAT, or to view the RFP and even lists of award recipients from previous years, visit the Minnesota Housing website... here.
As many of our readers know, the State of Minnesota is unique in that we are the only state in the country with a dedicated pool of funds that provides financial support to eligible non-profit organizations to deliver a variety of homebuyer/homeowner education, counseling and training services to Minnesotans. This dedicated pool is known as HECAT (The Homeownership Education, Counseling and Training Fund).
Some of the valuable services that are funded through HECAT include:
- Pre-purchase education and counseling (Home Stretch),
- Post-purchase education and counseling,
- Home equity conversion counseling (Reverse Mortgages) and
- Foreclosure prevention counseling
Funds for HECAT come from a public-private partnership of four agencies and organizations that are fully invested in ensuring that Minnesotans have access to the education and counseling tools necessary to achieve successful (sustainable) home ownership:
Each of the four funding partners not only contribute financial resources they also actively participate in the grant-making process and provide technical assistance throughout the year.
The Request for Proposal (RFP) for funding for programs in 2011 and 2012 (funding year runs from October 1st through September 30th) is NOW OPEN. The deadline for applications is 5:00pm on Wednesday, June 1st. This is a STRICT deadline.
For more information about HECAT, or to view the RFP and even lists of award recipients from previous years, visit the Minnesota Housing website... here.
The State of Minnesota is unique in that we are the only state in the country with a dedicated pool of funds that provides financial support to eligible non-profit organizations to deliver a variety of homebuyer/homeowner education, counseling and training services to Minnesotans. This dedicated pool is known as HECAT (The Homeownership Education, Counseling and Training Fund).
Some of the valuable services that are funded through HECAT include:
- Pre-purchase education and counseling (Home Stretch),
- Post-purchase education and counseling,
- Home equity conversion counseling (Reverse Mortgages) and
- Foreclosure counseling
Funds for HECAT come from four funding partners that are fully invested in ensuring that Minnesotans have access to the education and counseling tools necessary to achieve successful home ownership:
Each of the four funding partners not only contribute financial resources they also actively participate in the grant-making process.
Additional information about HECAT can be found here.
A complete list of organizations that have been granted HECAT funds for the 2010-2011 program year is available here. (PDF Document)
Minnesota is unique in that there is a dedicated pool of funds that provides financial support to eligible non-profit organizations to deliver a variety of homebuyer/homeowner education, counseling and training services to Minnesotans. This dedicated pool is known as HECAT (The Homeownership Education, Counseling and Training Fund). Some of the services that are HECAT funded include:- pre-purchase education and counseling (Home Stretch),
- post-purchase education and counseling,
- home equity conversion counseling (Reverse Mortgages) and
- foreclosure counseling
Funds for HECAT come from four funding partners:Each of the four funding partners contributes financial resources and participates in the grant-making process. Additional information about HECAT can be found here.A complete list of organizations that have been granted HECAT funds for the 2009-2010 program year is available here. (PDF Document)
The Minnesota Home Ownership Center is pleased to announce that it has scheduled three technical assistance sessions for non-profit organizations that are thinking submitting an application for funding from the 2009/10 Homeowner Education Counseling and Training Fund (HECAT).Each session is two hours long, and includes a review of the HECAT program concept and goals, selection criteria and application requirements. All organizations that are thinking of appying for HECAT funds are encouraged to attend one of the sessions.For more information, and to register, visit the Center's website here.
