New NeighborWorks Video Demonstrates the Value of Prepurchase Counseling in Preventing Foreclosure

A new video from NeighborWorks America demonstrates the value of getting homeownership education and counseling before purchasing a home.

At the center of this piece is a new homeowner who was proactive in getting the guidance she needed.

It also features NeighborWorks America CEO Ken Wade, who emphasized that prepurchase education is an important weapon against foreclosure.

The counseling services of network member Resources for Residents and Communities of Georgia Inc. were highlighted in this video as well.

The video was completed in partnership with National Business Series, a production company that produces educational documentaries for public television. View video.

Experts Stress Urgency of Green Housing

A NeighborWorks green symposium held in Phoenix May 6 attracted some of the most innovative thinkers in green affordable housing. They stressed the urgency of green housing, given environmental and energy concerns.

Read the summary, get presentations and download the new Green Roadmap for Project Development at nw.org/green.

NeighborWorks CEO Ken Wade Testifies at Congressional Hearing on Foreclosure

On May 13, NeighborWorks America CEO Ken Wade testified before the House Subcommittee on Housing and Community Opportunity on: “The Role of NeighborWorks and Housing Counseling Intermediaries in Preventing Foreclosures.” Read his testimony.

President Obama Releases His FY 2010 Budget Request to Congress

Today, President Obama released the first portion of his detailed FY 2010 Budget.

Earlier in the year (on February 26, 2009), the President unveiled a $3 trillion-plus “Budget Blueprint” for fiscal year 2010, which signaled substantial investments in health care reform, renewable energy and education, and projected a 50 percent reduction in the federal deficit by the end of his first term.

Included in the President’s FY 2010 Budget is $166.8 million in funding for NeighborWorks America. Read more, including a statement from NeighborWorks America CEO Ken Wade.

Los Alamos National Bank’s William C. Enloe Honored with 2009 NeighborWorks Business Leadership Award

NeighborWorks America announced William C. Enloe, Chairman and Chief Executive Officer of Los Alamos National Bank in Santa Fe, N.M., recipient of the 2009 NeighborWorks Business Leadership Award. Launched in 2007, the NeighborWorks Business Leadership Award recognizes an outstanding community volunteer from the private sector each year. Recipients are honored for their contributions to the goals and success of the local NeighborWorks organization and to the NeighborWorks network.

“Through his volunteerism and demonstrated commitment to affordable homeownership opportunities and economic development, Bill Enloe has made significant contributions that have strengthened Santa Fe’s communities,” said Ken Wade, CEO of NeighborWorks America. “His efforts serve as an inspiration to others.”