CHRISTIANSBURG—Community Housing Partners, a member of the NeighborWorks network, is receiving $542,500 in flexible grants from the Neighborhood Reinvestment Corporation– a much-needed boost that will support its affordable housing and community development activities.
“CHP is pleased to again be awarded funds from NeighborWorks America to support critical affordable housing programs,” Jeffrey Reed, president of CHP, said. “Through NeighborWorks funding, CHP can address key mission-related activities while remaining flexible enough to meet the evolving needs at our communities.”
NeighborWorks America is announcing $65 million in grants to its network of more than 240 nonprofit organizations located around the country.
NeighborWorks organizations will use the grants to develop and manage high-quality affordable housing, help consumers set and reach their goals through financial coaching, offer homeownership education and counseling, and revitalize and strengthen communities.
“NeighborWorks America is committed to ensuring our investments are working in ways that improve people’s lives,” Jeffrey Bryson, NeighborWorks America interim president and chief executive officer said.
In fiscal year 2017, the NeighborWorks network counseled 181,400 families and individuals on financial capacity, pre-purchase, post-purchase, or foreclosure issues; owned and managed 165,500 rental homes; and created more than 43,000 jobs. The NeighborWorks America website has more information about the national and state-by-state impact of NeighborWorks.
