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percentage of low-income minority communities’ if such area contains a higher-than-normal percentage of residents who are both minorities and low-income, as defined by the Director of Housing Counseling. ‘‘(5) EDUCATION PROGRAMS.—The Secretary shall provide advice and technical assistance to States, units of general local government, and nonprofit organizations regarding the establishment and operation of, including assistance with the development of content and materials for, educational programs to inform and educate consumers, particularly those most vulnerable with respect to residential mortgage loans (such as elderly persons, persons facing language barriers, low-income persons, minorities, and other potentially vulnerable con- sumers), regarding home mortgages, mortgage refinancing, home equity loans, home repair loans, and where appropriate by region, any requirements and costs associated with obtaining flood or other disaster-specific insurance coverage.’’. (b) CONFORMING AMENDMENTS TO GRANT PROGRAM FOR HOME- OWNERSHIP COUNSELING ORGANIZATIONS.—Section 106(c)(5)(A)(ii) of the Housing and Urban Development Act of 1968 (12 U.S.C. 1701x(c)(5)(A)(ii)) is amended— (1) in subclause (III), by striking ‘‘and’’ at the end; (2) in subclause (IV) by striking the period at the end and inserting ‘‘; and’’; and (3) by inserting after subclause (IV) the following new subclause: Notification. ‘‘(V) notify the housing or mortgage applicant of the availability of mortgage software systems provided pursuant to subsection (g)(3).’’.

SEC. 1444. GRANTS FOR HOUSING COUNSELING ASSISTANCE.
Section 106(a) of the Housing and Urban Development Act
of 1968 (12 U.S.C. 1701x(a)) is amended by adding at the end
the following new paragraph:
‘‘(4) HOMEOWNERSHIP AND RENTAL COUNSELING ASSISTANCE.—
‘‘(A) IN GENERAL.—The Secretary shall make financial
assistance available under this paragraph to HUD-approved
housing counseling agencies and State housing finance agen-
cies.
Standards. ‘‘(B) QUALIFIED ENTITIES.—The Secretary shall establish
Guidelines. standards and guidelines for eligibility of organizations
(including governmental and nonprofit organizations) to receive
assistance under this paragraph, in accordance with subpara-
graph (D).
‘‘(C) DISTRIBUTION.—Assistance made available under this
paragraph shall be distributed in a manner that encourages
efficient and successful counseling programs and that ensures
adequate distribution of amounts for rural areas having
traditionally low levels of access to such counseling services,
including areas with insufficient access to the Internet. In
distributing such assistance, the Secretary may give priority
consideration to entities serving areas with the highest home
foreclosure rates.

LAWS ‘‘(D) LIMITATION ON DISTRIBUTION OF ASSISTANCE.— ‘‘(i) IN GENERAL.—None of the amounts made available under this paragraph shall be distributed to—PUBLIC with on anorris VerDate Nov 24 2008 22:28 Sep 03, 2010 Jkt 089139 PO 00203 Frm 00796 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL203.111 PUBL203