Western
Maryland Nonprofit Joins NeighborWorks
Network
of Community Development Organizations
| October
20, 2004 —
Interfaith Housing Alliance, a Western Maryland nonprofit,
officially joined today the national NeighborWorks network
of community development organizations. The NeighborWorks
network is comprised of more than 230 affordable housing and
community development organizations in 49 states.
Interfaith
Housing Alliance was founded in 1990 by religious and lay
leaders concerned about the lack of any private significant
response to the region's growing number of shelter poor.
Since then, the organization has created affordable homeownership
and rental opportunities for families and seniors, as well
as shelters for homeless people and victims of domestic
violence. |
 |
U.S.
Senator Paul S. Sarbanes (left) applauds as Interfaith Housing
Alliance board chair Craig Russell accepts an official NeighborWorks
charter on behalf of his organization from Ken Wade, CEO
of Neighborhood Reinvestment Corporation.
|
|
Interfaith
Housing Alliance's most popular homeownership program, self-help
housing, provides working families with the opportunity
to trade their labor for a down payment on a home. The organization
provided construction supervision and helped arrange low-interest
mortgages for 120 households. More than 40 hours of home
buyer, budget, and home maintenance counseling ensures that
families are prepared for the challenge of homeownership.
The organization was featured in Marketwise, a community
development magazine published by the Federal Reserve Bank
of Richmond. [View
publication]
Interfaith
Housing Alliance also celebrated the official opening of
a new 12-unit project-based Section 8 apartment facility
in Frederick ,
Md.
The apartments will be rented at below market rents and
home to Section 8 families and other families whose incomes
are at least 60 percent below the median income. Among the
guest speakers were U.S. Senator Paul S. Sarbanes, Frederick
County Commissioner Michael L. Cady, and Frederick Mayor
Jennifer Dougherty.
A
special presentation and award of Charter Membership in
the NeighborWorks network was given by Kenneth D. Wade,
Chief Executive Officer of the Neighborhood Reinvestment
Corporation, a Congressionally-funded organization that
provides support and grants to the organizations in the
NeighborWorks network. For
more information on the Interfaith Housing Alliance, contact
the main office in Frederick
at 800/836-6088, or
301/662-4225, www.interfaithhousing.org
.
For
more information on the NeighborWorks network, visit www.nw.org
.
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