Data Explanations

Total reported investment is the sum of the total development costs for:

• Commercial real estate development
• Rental production (including repair)
• Real estate developed for sale
• The value of commercial loans made
• The cost of repairs of owner-occupied units
• Total financing for homeownership (new and preserved, the latter including any costs related to foreclosure mitigation outcomes that retain the home, financing costs related to refinance, reverse and rehab)
• The cost of special projects, which are small community improvements like community gardens; the cost associated with land bank production; and the costs of infrastructure investments (parking lots, street lighting, etc.).
• Value of financial assistance and supportive services includes a variety of services provided to community members, including food security services, short-term housing, Housing Choice Voucher (Section 8) administration, violence prevention services and shelter, emergency rental assistance payments, emergency utility assistance payments, other emergency cash assistance, and other supportive services to provide housing, food, safety, or other necessities to individuals and families within the community.

This includes families receiving counseling services, homeowners created, preserved homeownership, homes repaired (rental and purchased), rental homes owned and/or managed as of the end of the fiscal year, and rental homes that were fee-developed but not owned by NeighborWorks network organizations.

On the national level, Congressional appropriation leverage is calculated by dividing nationwide total reported investment by the total NeighborWorks America core appropriation. In FY22, this equaled $65 in local investment for every $1 of the core appropriation. This excludes funds for other special initiatives administered by NeighborWorks America using federal dollars.

This calculation attempts to estimate the total jobs created and/or maintained by the NeighborWorks organizations' activities. It combines the current full-time employee count from each organization with a modeled estimate of full-time employees created or supported in the overall economy as a result of NeighborWorks organizations' activities, including new construction, rehabilitation and repair for residential and commercial developments, and sales of existing homes.

The modeled estimates are generated using publicly-available multipliers from NAR, NAHB and BEA. Job estimates are represented here as full-time employees.

This is a sum of affiliate clients given pre-purchase, post-purchase and foreclosure counseling. It also includes financial management, fair housing and predatory lending workshops. In FY22, NeighborWorks began collecting counseling and education data at the client-level. Prior years included an aggregate count.

Grants received are from NeighborWorks America core appropriation funds only (does not include NFMC, EHLP, MHA, or Urban LIFT).

This is the number of rental homes owned and/or managed by NeighborWorks network organizations.

This is the sum of the number of clients where NeighborWorks network organizations constructed a new home, sold a home in their portfolio, provided a mortgage for home purchase or served as counselor and/or facilitated a home purchase. Customers are allocated to the state of the customer’s address.

Measured in units. Includes rental homes constructed, acquired for new renters or with existing renters, refinanced to extend affordability, rehabilitated, rental homes provided with fee-for-service assistance, and rental homes rehabilitated with NSP funds. Units are allocated to the state in which the rental housing is located.

Total number of customers for whom a NeighborWorks network organization provided direct rehabilitation services, lending for rehabilitation, foreclosure mitigation counseling that resulted in retention of the home, refinancing, or a reverse mortgage. Like Homeowners Created, customers are allocated to the state of the customer’s address.

This encompasses the number of owner-occupied homes repaired, where repairs are at least $100 and less than $2,000 for a given home. This number also includes a count of repaired homes owned or managed by a NeighborWorks network organization where the organization made a repair of between $100 and $6,000. 

The data does not count routine maintenance activities in repaired homes. Note that any repairs that cost more than $2,000 (owner-occupied) or $6,000 (rental) are considered a home preservation.