RealEstateRama Authors Posts by NeighborWorks
Pittsburgh symposium on community-led transformation brings NeighborWorks America back to its birthplace
In 1968, the collective efforts of Northside Pittsburgh residents led to the creation of the first Neighborhood Housing Services (NHS) organization. The Neighborhood Reinvestment Corporation, known as NeighborWorks America, is a product of the pioneering community development model created 50 years ago.
NeighborWorks America receives largest HUD grant to provide and offer training for comprehensive housing...
For the 14th consecutive year, NeighborWorks America has received funding from the U.S. Department of Housing and Urban Development (HUD) to bolster its training and professional development certification program.
As people across the country struggle to address critical needs like housing and employment, collaboration is key to achieving solid results. Identifying 'change agents' in a region who lead others to a better situation is critical. Residents know best what's working and what's not in their neighborhoods, and often have the local knowledge and insight to solve problems effectively.
When it comes to renting versus buying a home, people across the country express their dissatisfaction: Only 44 percent say homes are affordable for first-time buyers and almost two-thirds agree high rent is making it impossible to save for a future house, according to the annual NeighborWorks America at Home survey.
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 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.
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.
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.
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 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
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 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.
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.
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.
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 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.
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
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.
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 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.