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| NeighborWorks Campaign for Homeownership Approaches $6 Billion in Mortgage Lending |
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The NeighborWorks Campaign for Homeownership has announced that it has helped nearly 44,000 families achieve homeownership and generated nearly $6 billion in new mortgage lending between January 1, 2003 and June 30, 2006. View news release.
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| NeighborWorks America Homeownership Programs Receive Boost From New $100M Investment by State Farm® with NHSA |
| An agreement between State Farm® and Neighborhood Housing Services of America will help NeighborWorks organizations provide low- and moderate-income families with affordable alternatives to high-cost mortgages. View news release. |
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| Louisianans Receive New Rebuilding Help From Joint Education Effort by FDIC and NeighborWorks America |
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The FDIC and NeighborWorks America have developed a comprehensive homeowner guide for families affected by the 2005 hurricanes. The guide is entitled, "Navigating the Road to Housing Recovery" and its key focus is to provide vital information for families' rebuilding efforts. View article.
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FDIC and NeighborWorks America Join Mayor Ray Nagin to Bring Post-Hurricane Rebuilding Information
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| The Federal Deposit Insurance Corp. (FDIC) and NeighborWorks America have announced the availability of a new information resource for the tens of thousands of Louisiana's homeowners looking for actionable guidance on how to rebuild their homes after Hurricanes Katrina and Rita. View news release. |
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NeighborWorks America Congratulates State Farm® Bank President and CEO Stan Ommen for His Lifetime Volunteer Service Award
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NeighborWorks America has recognized Stan Ommen, president and CEO of State Farm® Bank for his volunteer award. View news release.
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| Community
Strategies represent the shared experience of NeighborWorks
America and its member organizations in various topics
of community development and affordable housing. |
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| The
NeighborWorks Training
Institute is dedicated to providing the highest quality training
for community development practitioners. Learn about the latest
classes and symposia on leading-edge topics. |
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| NeighborWorks America produces a wide variety of publications. Most
are free and others cost a nominal fee to order. For a complete
listing and order forms, go to NeighborWorks Publications. |
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| Congressman Westmoreland to Announce Military Home Buying Effort with Freddie Mac, NeighborWorks Columbus |
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Congressman Lynn A. Westmoreland (GA), Freddie Mac and NeighborWorks Columbus have joined forces in announcing Home Possible Mortgages, an initiative expanding homeownership opportunities for military families with limited credit or down payment. View news release.
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NeighborWorks America Names Deborah Boatright Northeast District Director;
Opens District Office in New York City
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NeighborWorks America has named Deborah Boatright as district director of its Northeast district office. The office recently moved to New York City from Ithaca, N.Y., as part of a strategic initiative designed to enhance district-level services to members of the NeighborWorks network. View news release.
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| Loans for Gulf Rebuilding Region Approved by NHSA/CDFI |
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Neighborhood Housing Services of America-Community Development Financial Institution (NHSA-CDFI)
has approved the following Gulf loans for two NeighborWorks organizations:
1) $1 million interim development loan to DASH for LaGrange, Georgia, to be used for construction financing and subdivision development in projects in both Alabama and Mississippi.
2) $1 million interim development loan to
Affordable Housing Resources (AHR), a NeighborWorks organization in Nashville, Tennessee, to be used for subdivision development and land acquisition.
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| Appropriations Update: Congress Has Not Yet Approved Fiscal Year 2007 Spending Bill, Which Includes Funding for NeighborWorks America |
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Congress has not yet approved the Fiscal Year 2007 Transportation, Treasury, and Housing and Urban Development, the Judiciary, District of Columbia and Independent Agencies Appropriations Act, which includes funding for NeighborWorks America, necessitating a continuing resolution (CR). The current CR funds NeighborWorks America through November 17 at Fiscal 2006 levels. For FY 2006, NeighborWorks America received $116,820,000. For Fiscal Year 2007, NeighborWorks America is proposed in the House and Senate at $119,790,000.
Congress has drafted a second CR that would fund agencies through December 8. Congress is currently in a “lame-duck” session, where multiple appropriations bills and other pieces of legislation require attention over a short period of time.
NeighborWorks America’s Public Policy and Legislative Affairs staff will continue to track the appropriations process for Fiscal Year 2007 until its completion. For questions, please contact Michael Butchko at 202-220-2362, or mbutchko@nw.org.
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| Congressional Hispanic Caucus Institute
(CHCI) Launches Mid-Career Fellowship Program to Bridge Hispanic HomeOwnership Divide -- Deadline: December 1, 2006 |
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HOGAR Housing Fellowship:
The fellowship program focuses on expanding the accessibility of homeownership to Latinos by employing an innovative bi-partisan, multi-tiered strategy to identify and develop solutions to address the current obstacles faced by Hispanics.
The fellowship is for two years and salary based on professional experience.
To apply for the fellowship, visit CHCI's Web Site.
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| Enterprise Community Partners, in Partnership with the Natural Resources Defense Council, Will Award Planning Grants of up to $5,000 |
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Enterprise Community Partners will award planning grants of up to $5,000, through Green Communities, to affordable housing developers of environmentally healthy homes for low-income families in the United States. The grant will cover the cost of facilitating a charrette during pre-development and a post-construction sustainability training session.
Applications are accepted on a rolling basis and proposals are reviewed three times a year.
Green Communities,
the first national green building program focused entirely on affordable housing,
has announced the Charrette Grants, a program that offers up to $5,000 to assist housing developers with integrating green building systems in their developments and engage in a serious discussion of green design possibilities.
Funds may be used to cover the cost of conducting a Green Communities Charrette or training. Expenses include: pre-qualified consultant fee for facilitation; consultant travel costs, not to exceed $1,000; meeting preparation costs, such as creating invitations, meeting and follow-up materials as well as venue and meals, not to exceed $800.
To review the Green Communities' grant information, visit their Web Site
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| 7th Annual Asset Management Professionals Conference ~ December 7-9 ~ New Orleans |
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The Consortium for Housing and Asset Management (CHAM) is hosting their 7th Annual Asset Management Professionals Conference in New Orleans. Encouraged to attend are CDC asset and property managers; CDC executive directors; state and local housing agency staff; NEF/ESIC program staff; LISC/Enterprise staff; and funders/lenders. Check www.cham.org for more information.
CHAM is a collaboration of The Local Initiatives Support Corporation, Enterprise Community Partners, and NeighborWorks® America.
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| SAVE THE DATE! NeighborWorks Training Institute in Atlanta ~ February 19-23, 2007 |
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Featuring several the five-day Nonprofit Housing Management Specialist course, which is part of the CHAM Professional Designation Program, and a symposium on February 21 -- Changes in the Wind – Manufactured Housing and the Future of Affordable Housing. Check www.nw.org for the latest event and registration details!
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A Comprehensive Counseling and Education Resource for Housing Counselors and Their Clients
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| NeighborWorks® Center for Homeownership Education and Counseling (NCHEC), in partnership with E*Trade Financial, has launched an exciting and highly useful new Web Site to support homeownership education and counseling efforts across the country. Based on the nationally recognized curriculum from NCHEC’s pre-purchase consumer manual Realizing the American Dream, Keys to My Home (www.keystomyhome.org, or accessible through www.nw.org/nchec) has calculators, learning modules, and comparison tools that are easy to use, clearly designed, and free to practitioners and their clients. Keys to My Home is poised to become a cornerstone educational resource for housing counselors and their clients. There is now a Spanish version of this Web site. |
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The October 2006 Issue of Community Investments Now Available on the Federal Reserve Bank of San Francisco's Web Site
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Community Development Field Should Be Proactive In Immigrant Neighborhoods
Most research on immigration suggests that politicized statements about the negative impact
caused by immigrants in the U.S. "are largely unfounded" -- argues Carolina Reid in Crossing Borders, Creating Communities: Immigration Trends and their Implications for Community Development. The National Research Council study’s ‘immigration balance sheet’ suggests that immigration provides the U.S. a net benefit of around $80,000 per immigrant, or as much as $10 billion annually.
For the community development field, the challenge is to respond to the growth, diversity and settlement patterns of immigrants proactively and ensure that they are able to access the resources they need to achieve financial security.
To read the Federal Reserve's new Community Investments newsletter, go to their Web Site.
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New Aging in Place Resources Added to NeighborWorks Web Site from Partners for Livable Communities
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| The National Association of Community Economic Development Associations, a Newly Formed Group, Seeks Director |
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The National Association of Community Economic Development Associations (NACEDA) is
seeking a full-time director to coordinate and help advance an exciting new initiative to create a
national federation of statewide CED and CDC membership organizations that support the work
of local community economic development organizations and practitioners.
A link to the job announcement can be found at: http://www.aocdo.org
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