NeighborWorks

Washington, D.C. - August 8, 2011 - (RealEstateRama) -- Efforts to increase access to affordable lending products got a boost recently when 19 members of the NeighborWorks network received over $16.9 million as part of grants made by the U.S. Department of the Treasury’s Community Development Financial Institution (CDFI) program. Combined with grants from NeighborWorks America, local governments, foundations and the private sector, these small- and medium-sized nonprofit businesses continue to lend in their local communities, and provide access to affordable loan products and services to low- and moderate-income borrowers.

Washington, D.C. - August 4, 2011 - (RealEstateRama) -- Today NeighborWorks America awarded $34.9 million in grants to 115 local NeighborWorks organizations to finance the rehabilitation of affordable housing nationwide, including smaller and rural communities with affordable housing needs, and create more than 1,000 jobs

Washington D.C. - August 2, 2011 - (RealEstateRama) -- NeighborWorks America, the nation’s largest trainer of community development professionals, added “Creative Project Financing for Affordable Housing” to its line-up of NeighborWorks Virtual Classroom courses, continuing recognition that reducing the costs of providing superior education and training in this tight economic climate is essential to strengthening nonprofit housing organizations’ ability to serve their communities.

Washington, D.C. - June 13, 2011 - (RealEstateRama) -- Today NeighborWorks America announced that more than 100 NeighborWorks HomeOwnership Centers have opened their doors in more than100 communities across the nation. NeighborWorks HomeOwnership Centers help low- and moderate-income families achieve homeownership the NeighborWorks way:

Washington, D.C. - June 8, 2011 - (RealEstateRama) -- Today NeighborWorks America announced that $67.7 million has been awarded to 37 state housing finance agencies (HFAs), 17 HUD-approved housing counseling intermediaries, and 84 community-based NeighborWorks organizations to provide counseling to families and individuals facing the threat of foreclosure. Just two months after the fifth round of National Foreclosure Mitigation Counseling (NFMC) Program funds were appropriated, communities across our country will be able to put the funds to immediate use.

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.

New York, NY - May 16, 2011 - (RealEstateRama) -- The Citi Foundation and NeighborWorks America today announced the launch of a collaboration to expand and strengthen financial capability programs for thousands of low- and moderate-income Americans. These programs help consumers establish positive behaviors to achieve immediate and long-term financial goals through financial education and access to appropriate financial products. As many as 65,000 people may benefit from the new $5 million, two-year demonstration project.

Washington, D.C. - May 16, 2011 - (RealEstateRama) -- Today NeighborWorks America announced that it was named one of the nation’s largest residential home builders, according to Builder Magazine’s 2010 Builder 100 list. NeighborWorks America was ranked No. 46 in its second year on the Builder 100, with 503 closings of for-sale housing completed by its network of local NeighborWorks organizations. In addition to the overall ranking for productivity in 2010, NeighborWorks America was also named the No. 5 builder of affordable housing. NeighborWorks America debuted on the Builder 100 for 2009 at No. 82 for for-sale closings.

Washington, D.C. - May 11, 2011 - (RealEstateRama) -- NeighborWorks organizations around the country working to increase the energy efficiency of the more than 5,000 rental homes that they build and rehab annually, as well as their mixed-use projects, now have access to a new suite of flexible and affordable loan products from NeighborWorks Capital.

Washington, D.C - April 22, 2011 - (RealEstateRama) -- Today NeighborWorks® America, one of the largest community development corporations in the country, joined the Environmental Protection Agency in applauding the outstanding work done by Community Housing Partners of Christiansburg, Va., and Coachella Valley Housing Coalition of Indio, Calif., for excellence in green housing and community development. Both organizations are members of the NeighborWorks network and are involved in the NeighborWorks Green Initiative for healthy and sustainable communities.

Washington, D.C. - April 22, 2011 - (RealEstateRama) --NeighborWorks America, one of the nation’s leading nonprofit community development corporations, today announced that it received a two-year, $2 million grant from the Bank of America Charitable Foundation to support a variety of initiatives including affordable homeownership and training for local nonprofit professionals.

Washington, D.C. - April 13, 2011 - (RealEstateRama) -- NeighborWorks® America, one of the nation’s largest community development corporations, today named Deborah Boatright and John Santner, Directors for the Northeast Region and Midwest Region, respectively. Each Regional Director will oversee two District offices – the Great Lakes and North Central Districts in the Midwest Region and the Northeast and New England districts in the Northeast Region. The move is intended to increase the efficiency of NeighborWorks America and enhance the corporation’s ability to meet the needs of its network of award winning, locally-based community development nonprofit businesses. Santner formerly was District Director for the NeighborWorks America North Central District, while Boatright formerly was District Director for the corporation’s Northeast District

Washington, DC - March 14, 2011 - (RealEstateRama) -- NeighborWorks America, one of the largest community development corporations and the sponsor of one hundred full-service Home Ownership Centers around the U.S., today announced that more than 16,700 families became homeowners last year through the efforts of NeighborWorks organizations.

WASHINGTON, DC - January 11, 2011 - (RealEstateRama) -- NeighborWorks America and members of the NeighborWorks network were recently awarded more than $7 million from the U.S. Department of Housing and Urban Development (HUD) as part of the department’s grants to support housing counseling and housing counselor training

Washington, DC - January 10, 2011 - (RealEstateRama) -- NeighborWorks America, a Congressionally chartered nonprofit and one of the nation’s largest community development corporations, announced today that Leila Finucane Edmonds has joined the corporation as director of National Initiatives

Washington, D.C. - December 20, 2010 - (RealEstateRama) -- Today NeighborWorks America, the Congressionally appointed administrator of the National Foreclosure Mitigation Counseling (NFMC) Program, announced that, based on a new report that analyzed the NFMC program through December 2009, the odds of curing a foreclosure, and potentially avoiding losing a home, is 1.7 times larger for a homeowner who works with an NFMC counselor than for a homeowner who doesn’t receive such counseling

Washington, D.C. - November 23, 2010 - (RealEstateRama) -- As the days grow colder and consumers gear up for another winter, many are looking for ways to beat the season’s high monthly energy costs. According to the U.S. Department of Energy, the average U.S. household spends about $1,900 per year on home utility bills. With so much of a consumer’s monthly income spent on energy this winter, NeighborWorks America urges consumers to reduce their utility costs by weatherizing their homes this winter.

WASHINGTON, D.C. - November 19, 2010 - (RealEstateRama) -- Today NeighborWorks America, the nation’s leading trainer of community development professionals, announced that it intends to add five new e-learning courses to its roster of courses offered through the NeighborWorks online learning center in 2011.

Washington, D.C. - October 27, 2010 - (RealEstateRama) -- As NeighborWorks America marks the first anniversary of the launch of the Loan Modification Scam Alert campaign, this Halloween season NeighborWorks would also like to remind homeowners to beware of the “tricks” that loan modification scam artists are using to fleece homeowners in danger of foreclosure out of cash, equity, and even the deeds to their homes.

Washington, D.C. - October 21, 2010 - (RealEstateRama) -- NeighborWorks Community Leadership Institute (CLI) is celebrating its third annual national conference in Louisville, Kentucky, from October 21 to 24 at the Kentucky International Convention Center. The CLI is the cornerstone of the NeighborWorks Network commitment to emerging community leaders. This year’s conference will be the largest among all past events.

Washington, D.C. - October 19, 2010 - (RealEstateRama) -- NeighborWorks America, the nation’s premier community development intermediary and Direct Lending Family, a technology company committed to simplifying the mortgage origination process for nonprofit organizations, have teamed up to create NeighborWorks Mortgage Source, an online mortgage origination and pricing platform.

Washington, D.C. - October 1, 2010 - (RealEstateRama) -- NeighborWorks organizations around the country helped generate more than one million volunteer hours in the last five years, building stronger, vibrant, and more connected communities. Combined through the five years, ending with September 30, 2010, volunteers partnering with NeighborWorks organizations put in more than 1.14 million hours, including more than 322,000 hours this year, the largest number reported by member organizations of the Community Building and Organizing Program (CB&O) at NeighborWorks America

Washington, D.C. - September 29, 2010 - (RealEstateRama) -- Efforts to increase sustainable homeownership got a boost recently when 25 members of the NeighborWorks network received nearly $15 million as part of grants made by the U.S. Treasury department’s Community Development Financial Institution program

Washington, D.C. - September 23, 2010 - (RealEstateRama) -- Nonprofit community development corporations working to stabilize communities in the wake of the national foreclosure crisis share a deepening apprehension that tight mortgage credit standards will hamper their ability to sell newly rehabilitated, formerly foreclosed properties, according to a snapshot survey conducted at a recent meeting during the NeighborWorks Training Institute in Philadelphia.

Washington, D.C. - August 12, 2010 - (RealEstateRama) -- Today NeighborWorks America announced that more than 1,000,000 homeowners facing foreclosure have received much-needed counseling thanks to the Congressionally-funded National Foreclosure Mitigation Counseling (NFMC) Program.

Washington, D.C. - July 14, 2010 - (RealEstateRama) -- NeighborWorks America, the nation’s leading trainer of community development professionals, proudly invited 49 seasoned executives to participate in the fifth class of its NeighborWorks Achieving Excellence in Community Development Program, offered in collaboration with the Harvard University John F. Kennedy School of Government

Washington, D.C. - July 1, 2010 - (RealEstateRama) -- NeighborWorks America announced that it has awarded $35 million to 117 local NeighborWorks organizations and two NeighborWorks-affiliated capital corporations – Community Housing Capital and NeighborWorks Capital -- to rehabilitate or finance the rehabilitation of affordable housing nationwide, including smaller and rural communities with affordable housing needs.

Detroit, MI - June 23, 2010 - (RealEstateRama) -- Chase and NeighborWorks America, the nation’s leading trainer of nonprofit community development professionals, will offer 40 nonprofit representatives free training in financial education during a three-day workshop through June 23 at Chase Tower in downtown Detroit

Washington, D.C. - June 21, 2010 - (RealEstateRama) -- NeighborWorks America salutes the efforts to stamp out mortgage fraud undertaken by Operation Stolen Dreams. As reported by the U.S. Department of Justice, the task force has gone after more than 1,200 criminal defendants who are responsible for more than $2.3 billion in losses, and made 485 arrests.

More than 320 events celebrated local communities and informed consumers June 5-12, 2010. Washington, DC - June 15, 2010 - (RealEstateRama) -- NeighborWorks America announced that during the 2010 NeighborWorks Week (June 5-12) NeighborWorks America and local NeighborWorks organizations held more than 320 community revitalization and 150 loan modification scam awareness events nationwide.