Washington, D.C. – June 1, 2011 – (RealEstateRama) — NeighborWorks America, one of the nation’s largest community development corporations, today announced that Home HeadQuarters based in Syracuse, N.Y. completed more residential home rehab projects than any other NeighborWorks organization – 720 homes. In all, NeighborWorks organizations completed more than 7,600 housing rehab projects in 2010, preserving quality affordable housing across the country.
“This is the third year in the row that Home HeadQuarters ranked highest among a very dedicated and committed field of nonprofit homebuilders,” said Eileen Fitzgerald, acting CEO for NeighborWorks America. “Home HeadQuarters and all of the NeighborWorks organizations that work to preserve affordable housing did remarkable work in a very tough year for the homebuilding and rehab business.”
“It’s exciting to be recognized for the hard work the staff and volunteers have done,” said Home HeadQuarters Executive Director, Kerry Quaglia. “Right now, the staff and board at Home HeadQuarters are focused on the critical shortage of lending capital that flows into our neighborhoods. We hope that this honor will help spur additional public and private funding for crucial home repair items that preserve our housing stock and make homes more energy efficient.”
In completing the thousands of rehab projects around the country, NeighborWorks organizations are small business engines employing hundreds of workers and bring millions of dollars in collective economic activity to their communities.
About NeighborWorks America
NeighborWorks America creates 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 $20 billion in reinvestment in these communities. NeighborWorks America is the nation’s leading trainer of community development and affordable housing professionals.
Doug Robinson, , 202-220-2360
Contact: Contact: Erin Collins, , 202-220-6317