Organizations will use grants to develop reasonably priced housing, revitalize neighborhoods and create jobs
Washington, DC, Feb. 22, 2021 (GLOBE NEWSWIRE) — NeighborWorks America will award greater than $77 million in versatile grants to 239 nonprofit organizations, all members of the NeighborWorks community. These grants will allow NeighborWorks community organizations to proceed the work they do on daily basis serving the folks of their communities.
“NeighborWorks America continues to exhibit our robust stewardship, leveraging greater than $59 for each $1 of congressional appropriation,” mentioned NeighborWorks America President & CEO Marietta Rodriguez. “Additional, the native, on-the-ground work of our community of practically 240 organizations situated in all 50 states, Puerto Rico and the District of Columbia permits us to make great affect and remodel folks’s lives – notably in a yr the place so many are feeling financial misery and uncertainty.”
In fiscal yr 2020, NeighborWorks America and the NeighborWorks community offered greater than 438,600 housing and counseling companies, together with:
- $9.3 billion in whole direct funding in communities throughout the nation
- 23,400 householders created
- 13,600 high quality, reasonably priced rental houses developed
- 9,100 houses preserved by rehabilitation, counseling, and refinancing
- 76,200 houses repaired
- 179,900 high quality, reasonably priced rental houses owned and/or managed
- 149,200 households and people endorsed on monetary functionality, pre-purchase, post-purchase, or foreclosures points, and
- 18,000 coaching certificates issued
NeighborWorks America is a congressionally chartered, nationwide, nonpartisan nonprofit that gives entry to homeownership, secure and reasonably priced rental housing, and works to create equitable communities.
About NeighborWorks America
For greater than 40 years, Neighborhood Reinvestment Corp., a nationwide, nonpartisan nonprofit generally known as NeighborWorks America, has strived to make each neighborhood a spot of alternative. Our community of excellence consists of practically 240 members in each state, the District of Columbia and Puerto Rico. NeighborWorks America gives grant funding, peer-exchange, technical help, analysis instruments and entry to coaching, because the nation’s main coach of housing and neighborhood growth professionals. NeighborWorks community organizations present residents of their communities with reasonably priced houses, owned and rented; monetary counseling and training; neighborhood constructing by resident engagement; and collaboration within the areas of well being, employment and schooling.
CONTACT: Lindsay Moore NeighborWorks America 2027604059 [email protected]
— to forextv.com