Mission: Build affordable homes and strengthen communities
Programs: Continued a homebuyer assistance program in tandem with neighborworks america and a charitable foundation that provides down payment assistance to qualified homebuyers through certain subordinated debt. In 2014, 44 of such down payment assistance fundings were made. Also provided homebuyer education classes for approximately 640 individuals and assisted clients with purchase of 134 homes and preservation of another 28. In addition, provided foreclosure prevention services for 90 individuals.
indirect expenses relating to the purchase and preparation of land, construction, refurbishment and sale of homes to low/moderate income families reported in part viii line 10. Engaged in development work on the land that will be developed into 156 rental units and the construction of 18 single family homes all of which were sold in 2014.
expenses related to great opportunity neighborworks program in houston's near northside, a community engagement process to create sustainable communities where people desire to live, work and raise families. Residents, stakeholders and volunteers work to identify priorities in the communities and develop strategies and collaborative partnerships to address concerns. Acted as project coordinator, working with an estimated 75 other organizations.
indirect expenses relating to residential rental real estate program for low/moderate income families reported in part vii, line 6. Directly assisted approximately 75 tenants and indirectly assisted another 1000 tenants.