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Causes: Chambers of Commerce & Business Leagues
Mission: NeighborWorks America creates opportunities for people to live in affordable homes, improve their lives and strengthen their communities.
Results: Goals through 2011: 1) Create and preserve affordable housing opportunities and build stronger communities. 2) Build and sustain a network of excellence and promote innovation. 3) Expand NeighborWorks services and investments benefiting under-served populations and places. 4) Develop and strengthen the non-profit housing and community development workforce. 5) Increase capital investment in America's communities. 6) Optimize the organizational performance of NeighborWorks America to achieve our mission and strategic vision. 2007 Accomplishments: 1) In 2007 $4.3 billion in public and private investments were generated by NeighborWorks network organizations. 2) Helped more than 204,000 low- and moderate-income families purchase homes; improve previously purchased homes; or live in safe, decent rental or mutually owned housing. 3) $9 of private capital was leveraged by our secondary market, NHSA, on average, for each dollar of NeighborWorks® capital grant funds. 4) Some NHSA loan programs leveraged private sector returns as high as $50:1. 5) 2,700 local housing counselors received certificates for completing NeighborWorks® Center for Housing Education and Counseling (NCHEC) training in foreclosure intervention and prevention. 6) 14,000 community development training certificates were awarded through NeighborWorks® Training Institutes and other venues. 7) 6,500 training certificates were awarded in homeownership lending, counseling, education and foreclosure prevention. 8) $300,000 total in seed grants was awarded to 10 community-based Gulf Coast organizations to strengthen their capacity to engage their neighbors and civic leaders in local rebuilding efforts 9) $20 million in new and rehabilitated single- and multi-family units have resulted from a $3 million investment by NeighborWorks® America and its partners in 2007.
Target demographics: Low to moderate income nationwide
Geographic areas served: Nationwide