Press Releases

Rev. Norman Fong, immediate past executive director of Chinatown Community Development Center (San Francisco, California), and Donald R. Phoenix (Atlanta, Georgia), former regional vice president for NeighborWorks America's Southern Region, are the 2023 recipients of the NeighborWorks Founders Award.

NeighborWorks America will provide more than $79 million in grants to the 247 organizations that make up the NeighborWorks network, investing critical resources to increase access to safe, affordable housing and thriving communities in every state, the District of Columbia and Puerto Rico. 

NeighborWorks America announced the election of Rodney E. Hood as its board vice chair, effective Feb. 16. Hood succeeds Michelle W. Bowman of the Federal Reserve Board of Governors.

Shared equity housing can serve as a 'stepping stone' to traditional homeownership as well as prevent displacement and gentrification. 

A NeighborWorks America expert, Dr. Christie Cade, regional vice president of the Southern Region, is available to discuss how credit issues and financial concerns halt Black homeownership. 

NeighborWorks America announced that this year it has awarded nearly $1.7 million in grants to 26 NeighborWorks network organizations to incorporate a comprehensive community development approach into their work and help produce positive and transformational change for their communities. 

On Oct. 27-30, NeighborWorks America will bring more than 400 resident leaders from across the country together in Charlotte, North Carolina, for leadership training and to create action plans at the annual Community Leadership Institute. 

November is Native American Heritage Month. NeighborWorks America’s expert is available to comment on issues locking Native American people out of homeownership, such as mortgage lending, credit issues and the short supply of housing industry professionals. With more than 25 years of history in mortgage lending on Tribal Trust and Restricted Lands, NeighborWorks America offers a unique perspective and lessons learned that can be applied now to help this population own homes and build wealth.

Today NeighborWorks America announced that this week it will award more than $1.5 million in grants to 18 NeighborWorks network organizations in communities directly impacted by Hurricane Fiona and other disasters. Four nonprofits will use the grants to provide urgent supplies and necessities, such as food and generators, to Puerto Rico residents in the wake of Hurricane Fiona. Additionally, 14 organizations will use the grants to help with disaster-related impacts ranging from storm-damaged housing in Alaska to flood- and tornado-ravaged homes in Kentucky. 

The results of the newly released annual Housing and Financial Capability Survey from NeighborWorks America reveal that a significant and growing share of the American public place value on owning a home (61%) but believe their financial situation is an obstacle to making progress toward longer-term financial and housing stability.