Section Highlights

NeighborWorks America's Budget Justification

Every year, every federally funded entity must develop and present to Congress a detailed budget request for the coming fiscal year, which details the entity's recent accomplishments, how it spent the money that Congress appropriated in the past year, and what the entity expects to accomplish with the new funds it seeks. All requests are included in the President's Budget, which is presented to Congress every February.

FY2014 Budget Justification

On Wednesday, April 10, 2013, President Obama submitted his FY 2014 budget to Congress. FY 2014 begins October 1, 2013 and runs through September 30, 2014. Although NeighborWorks is not a federal agency, the corporation does receive a direct federal appropriation from Congress, and is therefore included as an item in the President’s budget. Specifically, the President’s budget includes a request of $127.1 million in core funding for NeighborWorks America, and $77 million in funding for the National Foreclosure Mitigation Counseling Program (NFMC) administered by NeighborWorks America, for a total of $204.1 million.

Once the President submits his budget request to Congress, NeighborWorks America submits an FY 2014 Budget Justification to Congress. The President’s request represents a .01% reduction compared to our FY 2013 continuing resolution funding level of $128.278 million in core funding and $75.848 million for NFMC ($204.126 million total).

Download the full report at: Fiscal Year 2014 Budget Justification [PDF, 1 MB]

View final external audits

NeighborWorks Budget Justification Archives

1325 G St., NW, Suite 800, Washington, DC 20005-3100
Phone: (202) 220-2300 | Fax: (202) 376-2600