Authors Posts by NeighborWorks
NeighborWorks

NeighborWorks

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

NeighborWorks America

NeighborWorks America at Home survey: People with student loan debt delay homeownership

People saddled with student loan debt are delaying purchasing a home and many worry about their college debt most or all of the time, according to the sixth annual NeighborWorks America at Home survey. The survey, released today, reveals that people with the most debt—millennials and women—are underrepresented among homeowners
NeighborWorks America

Nonprofit board governance gets boost from $150,000 in grants from NeighborWorks America

NeighborWorks America today announced that it has provided more than $150,000 in grants as part of its Excellence in Governance program to 15 nonprofits to enhance their board governance and increase their ability to operate effective community development programs.
NeighborWorks America

NeighborWorks America recognizes 35th annual week of service

Thousands of volunteers, businesspeople, and local and national elected and civic leaders will join together June 2-9 for a week of community service as part of NeighborWorks Week, sponsored by the Neighborhood Reinvestment Corp. dba NeighborWorks America, and its network of more than 240 local organizations.
NeighborWorks America

NeighborWorks America awards $65 million in flexible grants to 242 nonprofits

The Neighborhood Reinvestment Corp., dba NeighborWorks America, announced it will award $65 million in flexible grants to 242 nonprofit organizations, all members of the national NeighborWorks network.
NeighborWorks America

More than one-third of middle-income adults lack emergency savings; renters and low-income consumers are...

The rainy day fund for many middle- and low-income households is empty, according to the fifth annual NeighborWorks America consumer finance survey. The poll found that 38 percent of all households with incomes below $75,000 have no money saved for an emergency, and 59 percent of those with incomes below $20,000 are without any emergency cash reserves.
NeighborWorks America

NeighborWorks America awards $100,000 in grants to nonprofits to identify strategies to address gentrification

NeighborWorks America (formally known as the Neighborhood Reinvestment Corp.) announced that it awarded $25,000 in grants to each of four organizations to explore collaborative strategies to address gentrification. The nonprofits, all members of the NeighborWorks network, will use the grants to investigate promising strategies
NeighborWorks America

NeighborWorks’ network invested more than $2.7 billion in affordable rental housing in 2017

With the supply of affordable rental housing declining throughout the U.S., NeighborWorks America reported today that its network of local non-profit builders invested more than $2.7 billion into the development and preservation — through construction, rehabilitation, refinance, and purchase of new and existing apartments — of affordable rental homes for low- and moderate-income households.
NeighborWorks America

Homebuyers received nearly $40 million in down payment assistance from NeighborWorks in 2017

NeighborWorks network organizations across the U.S. last year provided $39.2 million in down payment assistance to consumers, helping thousands of people become homeowners. Many of the purchasers were first-time homebuyers with low and moderate incomes, who without the support of NeighborWorks organizations would not have been able to buy a home.
NeighborWorks America

More than 2,000 community development professionals are expected to attend NeighborWorks Training Institute; inject...

An estimated $4.2 million boost is coming to the Washington, DC economy when more than 2,000 community-development professionals from around the country convene in the city for the NeighborWorks Training Institute Dec. 11-15.
NeighborWorks America

NeighborWorks America trains community leaders and honors local heroes

On Oct. 13, NeighborWorks America presented six individuals with its annual Dorothy Richardson Award for Resident Leadership. The award recognizes outstanding contributions by community leaders. The recognition occurred during the NeighborWorks Community Leadership Institute, which strengthens the skills of residents and provides seed grants to help them execute action plans when they return home.
NeighborWorks America

NeighborWorks lending efforts get boost from more than $18 million in CDFI funds

Twenty-five NeighborWorks organizations around the country have received more than $18 million as part of grants from the U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) program. Combined with grants from the Neighborhood Reinvestment Corp. (dba NeighborWorks America), local governments, foundations and the private sector, the funds will allow these small- and medium-sized nonprofit businesses to continue to provide affordable loan products and services to low- and moderate-income borrowers.
NeighborWorks America

NeighborWorks America awards $800,000 in grants to nonprofits in communities impacted by hurricanes Harvey,...

NeighborWorks America (formally known as the Neighborhood Reinvestment Corp.) announced that it awarded $800,000 in grants to 20 organizations in communities affected by Hurricanes Harvey, Irma and Maria. The nonprofits will use the grants to help meet any emerging on-the-ground needs, such as cleaning up properties, providing supplies to affected households, coordinating disaster response with other partners, supporting mobile intake centers, and rehabbing and repairing damaged buildings.
NeighborWorks America

More than 60 percent of adults say ‘rent is too high’ to save for...

Nationwide, 63 percent of adults surveyed by NeighborWorks America say the rent is too high where they live to save for a down payment on a home, but perceptions are dramatically different across the country. In the Midwest, the number having this view is 58 percent, compared to 67 percent in the Northeast and 73 percent in the West
NeighborWorks America

Lack of down payment, credit concerns and student loan debt prevent many from achieving...

Although nearly every American adult considers homeownership a key component of the American Dream, thousands of would-be homebuyers—especially people of color and millennials—are shut out from the market because of confusion about down payment requirements, lack of information about credit standards and the burden of student loan debt, according to the fifth annual America at Home survey from NeighborWorks America.
NeighborWorks America

Philadelphia symposium on economic empowerment addresses financial challenges facing low- and moderate-income families

An Aug. 16 symposium in downtown Philadelphia will explore how knowledge and skills alone won't improve a person's financial situation; policies, programs and financial products are necessary to promote prosperity for more individuals and families.
NeighborWorks America

NeighborWorks America awards $31.58 million in financial capability grants to 66 nonprofit organizations

NeighborWorks America today announced that $31.58 million in financial capability grants have been awarded to 66 nonprofit organizations to assist individuals to stabilize their finances, rebuild their credit and establish savings. The one-time grants, awarded after a competitive process conducted by third party reviewers, are part of Project Reinvest, a limited and targeted program from NeighborWorks America, not related to its core grant operations.
NeighborWorks America

NeighborWorks America says affiliates are poised to grow realty services as focus on social...

NeighborWorks America vice president of homeownership and lending, Marietta Rodriguez, today said that she expects the number of NeighborWorks network nonprofits that provide realty services to grow over the short- to medium-term as more organizations look to build revenue producing social enterprises that complement their mission to expand homeownership opportunities throughout their communities. Currently, nearly three dozen NeighborWorks organizations have licensed real estate brokerage services
NeighborWorks America

NeighborWorks America awards $27.5 million in neighborhood stabilization grants to 55 nonprofit organizations

NeighborWorks America today announced that $27.5 million in neighborhood stabilization grants have been awarded to 55 nonprofit organizations to help stabilize and revitalize distressed communities suffering from the direct and/or indirect effects of the foreclosure crisis. The one-time grants, awarded after a competitive process conducted by third party reviewers, are part of Project Reinvest, a limited and targeted program from NeighborWorks America, not related to its core grant operations.
NeighborWorks America

NeighborWorks Training Institute in Minneapolis will attract 1,600+ community-development professionals, $1.7 million in economic...

As national student loan debt soars at $1.4+ trillion, course helps counselors address nationwide problem
NeighborWorks America

NeighborWorks America awards $68.09 million in flexible grants to 243 nonprofits

The Neighborhood Reinvestment Corporation, dba NeighborWorks America, announced that it awarded $68.09 million in flexible grants to 243 nonprofit organizations, all members of the national NeighborWorks network. These awards pend receipt of the funds from the U.S. Department of the Treasury.

Business Real Estate Press Releases

Joel MacIntosh WolfNet CEO

WolfNet Helps Customers Set A Real Estate Property Alert “Speed Record”

WolfNet®, the real estate industry’s most trusted MLS data standardization provider and leading innovator of IDX solutions and website services, announced the launch of its new data loader dubbed “PropertyPipeline” to significantly increase its data refresh speed that will benefit more than 250,000 real estate agents

Recent Gov & Nonprofit Real Estate Press Releases

Appraisal Institute

Appraisal Institute Opposes Bills Raising Thresholds for SBA Loans

Citing significant risks to taxpayers, the Appraisal Institute on Monday urged the U.S. House of Representatives to turn back legislation that would virtually eliminate appraisal requirements for the Small Business Administration’s two largest loan programs. Votes on two related bills are expected today in the full House