NeighborWorks America invites qualified community development nonprofits to apply for a share of $26.5 million in grants to revitalize distressed communities hurt by the foreclosure crisis

WASHINGTON, D.C. – (RealEstateRama) — NeighborWorks America announced that the application period is open beginning November 28 for one-time grants to revitalize distressed communities suffering from the direct and/or indirect effects of the foreclosure crisis. Projects proposed should support and further existing multi-faceted, place-based initiatives working to transform communities. The one-time grants are part of Project Reinvest, a limited and targeted program from NeighborWorks America, not related to its core grant operations.

NeighborWorks

An informational webinar to guide applicants through the process is scheduled for Dec. 1 at 3 p.m., ET.  The application period closes 8 p.m., ET on Jan. 9. Grantee awards are expected to be announced in April 2017.

More information about this program and the informational webinar can be found at Project Reinvest: Neighborhoods.

About NeighborWorks America
For more than 35 years, NeighborWorks America, a national, nonpartisan nonprofit, has created opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. In the last five years, NeighborWorks organizations have generated more than $27.2 billion in reinvestment in these communities. NeighborWorks America is the nation’s leading trainer of community development and affordable housing professionals.

Contact:
Doug Robinson

202-760-4062
@neighborworkspr

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NeighborWorks America (NW) creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing.

Since 1991, we have assisted nearly 1.2 million low- to moderate-income families with their housing needs. Much of our success is achieved through our support of the NeighborWorks network ? more than 230 community development organizations working in more than 4,400 urban, suburban and rural communities in all 50 states, the District of Columbia and Puerto Rico. In the last five years, NeighborWorks organizations have generated more than $15 billion in reinvestment in these communities.

NeighborWorks America is the nation’s leading trainer of community development and affordable housing professionals.

Contact:

Tel: (202) 220-2300
Fax: (202) 376-2600

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