Release date: 5/5/2022
Contact:
NeighborWorks America Media
202-760-4097
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NeighborWorks America provides more than $78 million in grants to its network to expand access to affordable housing
Washington, D.C. — NeighborWorks America will award more than $78 million in grants to the 247 nonprofits that make up the NeighborWorks network. These grants will enable NeighborWorks network organizations to continue the work they do every day to enrich people's lives and strengthen communities in every state, the District of Columbia, and Puerto Rico. This funding was made available through the federal Consolidated Appropriations Act, 2022."Even with the economic pressures 2021 brought, the national network of NeighborWorks organizations worked effectively to keep people housed and enhance their lives, at a time when the lack of affordable housing continues to affect many," said NeighborWorks America President & CEO Marietta Rodriguez. "These grants will help the nonprofits continue to provide vital services."
Network organizations will use the grants to sustain and grow programs that help people find affordable housing, improve their financial wellness, and make other transformational changes. The grants will also address COVID-related infrastructure and capacity needs, as well as provide core operating support.
"NeighborWorks network organizations can help people identify, navigate and better understand the resources available to them," Rodriguez continued.
The appropriation is vital to helping communities thrive and create life-changing outcomes. In fiscal year 2021, NeighborWorks America and the NeighborWorks network:
- Provided 470,700 total housing and counseling services.
- Created 22,000 new homeowners.
- Owned and/or managed 195,700 rental homes.
About NeighborWorks America
For more than 40 years, Neighborhood Reinvestment Corp., a national, nonpartisan nonprofit known as NeighborWorks America, has strived to make every community a place of opportunity. Our network of excellence includes nearly 250 members in every state, the District of Columbia, and Puerto Rico. NeighborWorks America offers grant funding, peer exchange, technical assistance, evaluation tools, and access to training as the nation's leading trainer of housing and community development professionals. NeighborWorks network organizations provide residents in their communities with affordable homes, owned and rented; financial counseling and coaching; community building through resident engagement; and collaboration in the areas of health, employment, and education.