Tuesday, July 13, 2010

NeighborWorks Organization Serving the Navajo Nation Recognized for Accomplishments Despite Great Obstacles

NeighborWorks member organization Navajo Partnership for Housing was recently featured in American Banker magazine and National Mortgage News. The New Mexico-based organization was recognized for accomplishments in providing homebuyer education and in working hard against great obstacles to bring mortgage financing to an underserved population.

Over the past 15 years, the organization has provided grants and loans to families to help them buy, build and rehabilitate homes in an area where very little mortgage infrastructure exists.

The article says, "The scrappy nonprofit, which will mark its 15th year of doing the practically impossible next year, has bucked the housing depression to continue to bring mortgage finance to members of the Navajo Nation on or near their giant reservation, which sprawls across New Mexico, Arizona and Utah.”

Congratulations to Executive Director Lanalle Smith and all her staff for this well deserved recognition.

Read “They May Not Be Miracle Workers but They’re Close.”