Neighborhood Housing Services Of Green Bay Inc

Programs: Counseling & lendingobjectives: neighborworks green bay seeks to provide pre- and post-purchase homebuyer education and counseling to wisconsin families seeking to become homeowners or seeking to preserve homeownership. Regular classes, on-line distance education, and one-on-one counseling by phone and in person ensure broad access to our services. We seek to prepare families for the risks and rewards of homeownership and help them to build knowledge in areas of budgeting and saving, understanding real estate and lending terminology, and the processes of shopping for homes and loans. Our objective for pre-purchase clients is that they make wise decisions about home purchases and ultimately acquire housing that is within their means and is suitable for their family. Our objective for post-purchase clients is that they understand their financial obligations within the context of a household budget and that they understand their choices relative to maintaining homeownership. For foreclosure mitigation clients, our objective is for them to not only understand their options, but for clients to weather the process with as much dignity and as little credit damage as possible. In addition to our counseling and education activities, we also make deferred payment, no-interest loans to homebuyers to help them clear the hurdles to homeownership. Achievements: in 2016, we served 866 clients with education and counseling services over the course of the year. 470 prospective buyers completed our homebuyer education classes. Of the clients who sought pre-purchase counseling, 232 purchased homes. We facilitated $37,146,256 of investment in housing through acquisition, renovation, and preservation activities either directly or through our clients. 45 homeowners sought help in avoiding foreclosure. 119 seniors sought our counsel on home equity conversion mortgages. 164 residents participated in post-purchase home and life workshops. Volunteers: area lenders and realtors volunteer their time to address our pre-and post-purchase classes. This participation helped clients to understand the variety of services available in the community and helped them to prepare to shop for and purchase housing. Volunteers from more than a dozen area real estate agencies, banks, and mortgage companies volunteered at 30 separate training sessions for three hours at a time (90 hours total). These same volunteers contribute their time to discussions of and planning for neighborworks counseling and lending programs (roughly 80 total hours in 2016).

real estate management:objectives: neighborworks green bay owned and operated 184 units of rental housing at the end of 2016. Most of these units were renovated using federal grants, including home community investment partnership funds, or community development block grants (cdbg). 98 of these units had period of affordability restrictions as of the end of 2016 that required occupancy by low-income households. 135 units are covered by a housing choice voucher (section 8) project-based contract. This agreement means that neighborworks green bay makes those units available to very low income households (at or below 50% ami). Neighborworks green bay seeks to ensure that our community has quality housing choices for households of varying sizes, regardless of income. We also seek to renovate rental properties in our target neighborhoods as part of our overall revitalization efforts. Achievements: in 2016 we placed into service four (4) additional units, made possible under the home program. Volunteers: six volunteers form an asset management team that examines this line of business and develops plans and policies. In 2016, these volunteers (drawn from among neighborhood residents and local business people) provided approximately 140 hours of service.

real estate development:objectives: neighborworks green bay seeks to acquire and renovate homes for owner-occupancy in green bay's central city neighborhoods. We aim to de-convert multifamily dwellings back to single family homes, and stimulate reinvestment by others with our projects. Our projects lower overall neighborhood density, eliminate blight, and increase economic diversity. Our projects may counter decades of disinvestment, extending the life of quality green bay homes for up to another century. Our comprehensive renovations mean reduced energy use and lower operating and maintenance costs for our buyers. Achievements: neighborworks green bay sold three (3) homes in 2016. The projects were completed and sold under the home program at 1168 e. Walnut street, through the nsp program at 715 n. Broadway, and through the organization's own funding at 1940 deckner avenue. In 2016, in partnership with a ten county consortium, we continued to provide housing quality standards inspections, home repair scope writing, and construction project oversight for an owner occupied home rehab loan program administered by brown county. Volunteers: in addition to the work of the asset management team (mentioned under real estate management, above), a design review team works as an ad hoc committee reviewing and guiding project scope, specifications, and selection of colors and finishes. These five volunteers donated approximately 20 hours in 2016.

our neighborhood revitalization program includes a variety of activities related to community development, resident leadership and neighborhood beautification. In 2016, we organized 133 volunteers who provided 3,767 hours of service to help advance our mission. Some of the volunteers planned and implemented a series of home & life workshops that engaged 164 residents.