NeighborWorks Congratulates Its Local Organizations on Stabilization Funding

Today NeighborWorks America announced that 19 local NeighborWorks organizations, along with their local, regional, and state partners, were awarded $548,381,663, or 27 percent of the total $1.93 billion awarded in the second round of Neighborhood Stabilization Program (NSP) funding from the U.S. Department of Housing and Urban Development.

The NeighborWorks organizations received the funding as part of consortium partnerships with state and local government offices, the private sector, and other nonprofits in their communities, and will build on the stabilization efforts already underway in many communities. Stabilization efforts include acquisition, rehabilitation or demolition of vacant or abandoned foreclosed properties, and/or financial assistance to low- to middle-income homebuyers to purchase foreclosed properties.

For more information about the grants and the organizations that received them, please visit the NeighborWorks newsroom or StableCommunities.org.

Champlain Housing Trust to Bring Solar Water Heaters to Affordable Rental Properties

About 1,000 families in Vermont will benefit from an energy saving solar water project announced on Jan. 13 by Senator Bernie Sanders (I-VT) in cooperation with NeighborWorks chartered member Champlain Housing Trust. Senator Sanders launched the project at the Champlain Housing Trust's Salmon Run Apartments, one of the four affordable rental developments that will be part of this project.

According to Senator Sanders, the $500,000 project is the largest of its kind in the state. The grant, secured from the U.S. Department of Energy, will put solar equipment in 80 apartments in Salmon Run. It will also help finance installation of water heaters in 322 more apartments at three other affordable housing developments in Vermont. The grant will be matched by $700,000 in additional public and private funds, according to Senator Sanders.

Learn more.

Top 10 Tips to Help Avoid Foreclosure and Loan Modification Scams in 2010

At a time when many Americans are considering new resolutions and life changes, staying financially vigilant should remain a priority—especially for homeowners. During 2010, an estimated 4 million households are expected to face the risk of foreclosure. Millions of homeowners will try to reduce their mortgage payments with a loan modification.

The national Loan Modification Scam Alert campaign has put together 10 tips to help homeowners seeking foreclosure prevention assistance this year:

1. Contact your lender first as soon as you get concerned about paying your mortgage.

2. Determine your options by speaking to your lender's loss mitigation department.

3. Be patient but persistent with your lender, because getting a loan modification takes time.

4. Call the Homeowner's HOPE Hotline at 1-888-995-HOPE. Trained counselors are available 24 hours a day to provide assistance in multiple languages.

5. Connect with a local HUD-approved counseling agency for free by calling 1-888-995-HOPE or visiting http://www.loanscamalert.org/.

6. Beware of loan modification scams. Some companies and individuals are out to take advantage of homeowners seeking loan modifications.

7. Avoid anyone who asks for a fee prior to providing any loan modification service, including companies, individuals and even some lawyers.

8. Avoid anyone who guarantees to get your loan modified or stop a foreclosure, because nobody has the power to make this promise.

9. Avoid companies that tell you to stop paying your mortgage and to pay them instead. This is a sure sign of a loan modification scam.

10. Report loan modification or foreclosure scams at any time by visiting http://www.loanscamalert.org/ or calling 1-888-995-HOPE (4673).

NeighborWorks Member Receives $3.8 Million for Green Jobs Training

The U.S. Department of Labor has awarded NeighborWorks member Community Housing Partners (CHP) $3.8 million to teach workers the skills required in emerging energy efficiency and renewable energy industries. The grant is part of nearly $100 million being allocated by the Department of Labor to 25 projects across the nation.

CHP, which is based in Christianburg, VA, is the lead applicant and grant administrator for a collaborative partnership in the region called CREATES — Construction, Retrofitting and Energy-Efficiency Assessment Training and Employment Systems. The partners include Virginia Tech, NewVA Corridor Technology Council, New River Community College, Wytheville Community College, Virginia Western Community College, New River/Mount Rogers Workforce Investment Board, and the Western Virginia Workforce Development Board.

Together, the partners will use the funds to upgrade regional training capacities, develop and implement new curriculum components, offer appropriate energy conservation certification opportunities, and provide preferred education to upgrade the skills of construction and retrofitting industry workers in order to help them compete in cutting-edge green building occupations.

"Today's announcement is part of the administration's long-term commitment to fostering both immediate economic revitalization and a clean energy future. It's an investment that will help American workers succeed while doing good," said Secretary of Labor Hilda L. Solis on January 6, when the announcement was made. "Our outstanding award recipients were selected because their proposed projects will connect workers to career pathways in green industries and occupations through critical, diverse partnerships."

“This important funding will lead program participants to job placement while also promoting smart, sustainable energy use that will have a positive long-term impact for generations to come,” said CHP’s President and CEO Janaka Casper.

Read CHP’s news release.

Read local coverage.

NeighborWorks Accepting Applications for Achieving Excellence Program

NeighborWorks America, the nation’s leading trainer of community development professionals, is now accepting applications for the 2010-2011 class of its renowned NeighborWorks Achieving Excellence in Community Development program.

Achieving Excellence is a comprehensive organizational development program that results in senior managers at local nonprofit organizations that are better equipped to address the critical challenges faced by their organizations, produce real results in their communities, enhance fundraising capacity even in tough economic climates, and foster collaboration and innovation inside the nonprofit sector.

Participants in the past four classes – 180 leaders from every region in the U.S. who participated in Achieving Excellence classes since the program began in 2002 – report significant improvement in their businesses and improved service to even more people.

For example, leaders who finished the third class in February 2008 reported a 146 percent increase in people served, or more than 53,000 community members across America, specifically because of their participation in the program.

Moreover, the participating organizations attribute a 32 percent increase in the number of affordable housing units developed, or more than 1,100 new affordable homes, to the skills learned and the strategic plans developed while in the Achieving Excellence program.

The application deadline for the Achieving Excellence program is March 15, 2010. Applications, as well as additional program information, are available online at www.nw.org/ae.