NeighborWorks

U.S. Sen. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, today urged his colleagues to pass the Developing a Reliable and Innovative Vision for the Economy (DRIVE) Act, a bipartisan, multi-year transportation bill that includes important modifications to the Commerce Committee’s various legislative titles that cover key transportation safety and regulatory reforms.

NeighborWorks America today announced that lead grants from JPMorgan Chase and Wells Fargo Housing Foundation are underwriting the Comeback Communities summit and enabling dozens of nonprofit professionals to attend the one-of-a-kind event here. Comeback Communities is the first step in a national effort designed to identify, explore, celebrate and nurture the essential ingredients of strong, resilient communities.

Ten years after the costliest natural disaster in U.S. history devastated homes and displaced tens of thousands of people from New Orleans and other Gulf Coast cities, residents in that part of the country have come back to build a community that is even stronger and more connected to each other than elsewhere in the U.S. People living in the Gulf Coast region of the United States are more likely to be completely satisfied with their community, feel a stronger sense of ‘neighborly’ connection, and more readily recommend where they live to others than the people living in other parts of the country.

 On June 6-14, NeighborWorks America and its network of local organizations kicks off the 32nd annual NeighborWorks Week, a weeklong celebration in which thousands of volunteers come together to help make their communities healthy, sustainable places. Nearly 200 affordable housing and community development organizations are holding events across the country, that range from rehabbing and repairing homes, beautifying parks, conducting neighborhood tours, recognizing successful partnerships, and hosting events that educate and train others. “Celebrating Community” is this year’s NeighborWorks Week theme

A $1.7 million boost is coming to the Kansas City economy when more than 2,100 community-development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) May 4-8. The week-long event is hosted by NeighborWorks America, a national, Congressionally chartered nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities

NeighborWorks America today announced that $44.8 million has been awarded to 25 state housing finance agencies (HFAs), 18 HUD-approved housing counseling intermediaries, and 68 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure. Although fewer new households face foreclosure than just a couple of years ago, the rate has begun to increase again, and many hundreds of thousands of homeowners remain seriously delinquent and face the prospect of foreclosure this year

WASHINGTON, D.C. - February 19, 2015 - (RealEstateRama) -- NeighborWorks America today reported that in the 12 months ended Sept. 30, 2014 its network helped homeowners rehab more than 7,000 single family homes and rehabbed more than 2,300 rental homes. Although home prices are stabilizing, many homeowners still have little equity to tap for needed home repairs and nonprofits in the NeighborWorks network are stepping in to use grants provided by NeighborWorks and other support in order to help owners maintain quality and affordable homes. Additionally, as affordable rental apartments age, the NeighborWorks members conduct rehab to maintain the supply of quality affordable rental homes

WASHINGTON, D.C. - July 31, 2014 - (RealEstateRama) -- Seventeen communities from around the country have been selected for an initiative that will help them attract and retain residents, businesses and investment, announced NeighborWorks America, a national nonprofit corporation that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities

Louisville, KY - May 16, 2014 - (RealEstateRama) -- An estimated $2.8 million in economic impact is expected in Louisville next week when more than 2,300 community development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) May 19-23. The conference is hosted by NeighborWorks America, a national, congressionally chartered nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.

Louisville, KY - May 7, 2014 - (RealEstateRama) -- Faced with increasing pressure to keep rents affordable and find better ways to finance new construction and maintenance of existing affordable housing, more than 130 nonprofit owners and managers of affordable rental apartments are coming to Louisville, KY to exchange successful business ideas as part of a special meeting of the Consortium for Housing and Asset Management (CHAM) being held in conjunction with the NeighborWorks Training Institute, May 19-23.

WASHINGTON, D.C. - March 19, 2014 - (RealEstateRama) -- NeighborWorks America today announced that $63.1 million has been awarded to 29 state housing finance agencies (HFAs), 18 HUD-approved housing counseling intermediaries, and 67 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure. Although the number of new households facing foreclosure is below the peak seen just a few years ago, many hundreds of thousands of homeowners will still face trouble with their mortgages this year. The foreclosure prevention work done by housing counselors funded by the NFMC program will significantly help these families. It is estimated that more than 167,800 families facing the threat of foreclosure will be directly assisted with this eighth round of NFMC funding

Washington - February 21, 2014 - (RealEstateRama) -- NeighborWorks America today announced that foreclosure prevention counselors from three nonprofit organizations funded in part by the National Foreclosure Mitigation Counseling program received awards for excellence in service to homeowners facing foreclosure. Maru Cham at Neighborhood House Association in San Diego, CA was named the Counselor of the Year; Elizabeth Caton, at Northwest Side Housing Center was named Counseling Innovator of the Year, and Gercide Luc at Urban Edge Housing Corporation in Roxbury, MA, won the Excellence in Counselor Perseverance award. Nominations and voting are done by members of the housing counseling community.

Los Angeles, CA - February 21, 2014 - (RealEstateRama) -- A $10 million boost is coming to the Los Angeles economy when more than 2,000 community development professionals from around the country convene in the city for the NeighborWorks Training Institute (NTI) Feb. 24-28. The conference is hosted by NeighborWorks America, a national, Congressionally chartered nonprofit that creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities

ALEXANDRIA, Va. - February 19, 2014 - (RealEstateRama) -- National Credit Union Administration Board Chairman Debbie Matz has appointed Board Member Richard Metsger as NCUA’s representative on the Board of Directors of NeighborWorks America, one of the nation’s preeminent affordable housing and community development organizations

SAN FRANCISCO and WASHINGTON, DC - December 19, 2013 - (RealEstateRama) -- Wells Fargo & Company, America’s largest mortgage lender, and NeighborWorks America, a national nonprofit organization which creates opportunities for people to live in affordable homes and improve their lives, today announced more than 5,000 low- to moderate-income adults have become homeowners with the help of homebuyer education and down-payment assistance offered through LIFT programs

WASHINGTON, D.C. - November 20, 2013 - (RealEstateRama) -- The average home buyer looks to friends and family first when gathering information on the home-buying process, ahead of realtors by more than two to one and mortgage lenders by more than four to one in the latest homeownership survey from NeighborWorks America, one of the country’s leading housing and community development nonprofit corporations

Low mortgage rates are not pushing most renters to consider homeownership Washington - November 20, 2013 - (RealEstateRama) -- The worst housing crisis in generations...

WASHINGTON - November 5, 2013 - (RealEstateRama) -- In an effort to improve the homeownership and financial planning outcomes of active duty service members and veterans, NeighborWorks America CEO Eileen Fitzgerald today called upon nonprofit housing counselors and nonprofit financial capability coaches to increase their outreach and other marketing efforts to those who have chosen to serve their country in the armed forces.

Washington, DC - October 25, 2013 - (RealEstateRama) -- A $1.5 million grant from the JPMorgan Chase Foundation will help NeighborWorks America substantially increase its work to help NeighborWorks network members and nonprofit community development corporations around the U.S. build stronger and sustainable mortgage lending operations, expand affordable homeownership opportunities, enhance the availability of financial capability programs and strengthen community stabilization efforts. The grant is part of a $6.3 million overall commitment to affordable housing this year from the JPMorgan Chase Foundation

New York, NY - October 25, 2013 - (RealEstateRama) -- As the one-year anniversary of Superstorm Sandy approaches, people in the region continue to struggle and NeighborWorks America is supporting member organizations as they provide individuals and families with a variety of services to help them recover and thrive.