NeighborWorks America Named a Top Builder by Builder Magazine

NeighborWorks America was named one of the nation’s largest residential home builders, according to Builder Magazine’s 2009 Builder 100 list. NeighborWorks America debuted on the 2009 Builder 100 list at No. 82, with 302 units of for-sale housing completed by its network of local NeighborWorks organizations.

“We are excited to be recognized for the work of our homebuilding network organizations. Even in the worst housing market since the Great Depression, local nonprofits are revitalizing their communities with new affordable and green for-sale housing, and preparing homebuyers for long-term homeownership,” said Thomas P. Deyo, deputy director of National Initiatives and Applied Research at NeighborWorks America. “NeighborWorks organizations not only build homes, we build communities.”

Learn more in the NeighborWorks Newsroom.

New Video for Homebuyers Available from NeighborWorks UNHS HomeOwnership Center

Those in the market to buy a home for the first time are often unsure about the home inspection process. In this video, Julie Jalowiec and George Acee with UNHS HomeOwnership Center in New York, provide homebuyers with some insight about what the professionals look for. It is the fourth in the center's educational series about homeownership and the home buying process.

If you are unable to view the video below, it is available online at http://www.youtube.com/watch?v=Y8eAFJnbUAQ.

Fox News Interviews NeighborWorks COO Eileen Fitzgerald About the New Foreclosure Prevention Campaign

NeighborWorks America COO Eileen Fitzgerald was interviewed on FOX 5 Morning News about the new foreclosure prevention campaign launched yesterday by NeighborWorks America and the Advertising Council. Fitzgerald urged homeowners facing foreclosure to beware of scams and to seek help from the right people — HUD-approved housing counselors. The interview can be viewed at : http://www.myfoxdc.com/dpp/money/non-profit-offers-foreclosue-help-051310.

NeighborWorks Launches New Foreclosure PSAs

The Advertising Council, in partnership with NeighborWorks America, announced today the launch of new national public service advertisements (PSA) designed to educate homeowners about where they can turn for help if they are at risk of foreclosure. The campaign encourages distressed homeowners to call the Homeowner’s HOPE Hotline, a free resource that helps homeowners facing foreclosure move closer to finding a resolution.

When the campaign was originally launched in 2007, an estimated 1 million homes were at risk of foreclosure. Since then, this number has continued to rise over the years. According to RealtyTrac data, foreclosure filings in the first quarter of 2010 were at almost 1 million properties, a 7 percent increase from the fourth quarter of 2009. Furthermore, this trend is expected to continue throughout this year, with an estimated 4 million homes at imminent risk of foreclosure, affecting homeowners in all communities, of all ethnicities and income levels.

“With an estimated 4 million homeowners at imminent risk of foreclosure this year, there is an urgent need to reach those homeowners and provide them with the information and counseling they need to move forward and make the right decisions,” said Ken Wade, CEO of NeighborWorks America. “It is an increasingly cluttered and confusing marketplace and even though homeowners want to take action, they are unsure of the steps they can take to prevent foreclosure. We are pleased to partner with the Ad Council and Cossette New York on this campaign to provide homeowners with a clear next step – call the HOPE hotline.”

Learn more about this new national campaign in the NeighborWorks newsroom or by visiting the campaign's website at www.foreclosurehelpandhope.org. View the videos on NeighborWorks YouTube Channel.

Frontier Housing Races to Clean Up After the May 2 Flood

Last week’s massive flash floods have caused incredible damage and heartache to residents in areas of Kentucky, Mississippi and Tennessee. In Morehead, Kentucky, staff and volunteers of NeighborWorks member organization Frontier Housing, are still hard at work meeting the immediate needs of their residents at Boodry Place, where the entire first floor structure and contents were damaged or destroyed.

Boodry Place is a residential, rental community where senior citizens and persons with disabilities, including children, live. Thankfully all ten families impacted are safe.

“The important thing is that our residents are all okay. The first floor residents have been safely moved to a shelter and the second and third floor residents are still in place,” said Stacey Epperson, president of Frontier Housing. “We appreciate everyone’s cooperation and patience as we bring every resource available to restoring Boodry Place.”

Residents are now staying in various locations, including with family members, vacant apartments on the second and third floors at Boodry and at a guest house provided by Morehead State University while repairs are underway.

To find out more information, go to http://www.frontierhousing.org/.