Friday, September 23, 2011

NeighborWorks America Announces $3.65 Million in Expansion Grants for NeighborWorks Organizations

Today NeighborWorks America announced $3.65 million in grant funding to nonprofit organizations that will enable them to expand their service areas and reach deeper within underserved communities.

“The expansion grants announced today are a truly efficient use of funding for the nonprofit industry.  Instead of starting from scratch, the expansion grants enable NeighborWorks organizations to broaden their reach and bring their already established services and best practices into underserved communities,” said Eileen Fitzgerald, CEO of NeighborWorks America. 

The grants help organizations like Neighborhood Development Services in Ravenna, Ohio, to further expand their reach into 17 counties in southeast Ohio. Through their expansion, Neighborhood Development Services will develop affordable multifamily and owner-occupied homes for low- and moderate-income residents, work to develop the local economies in this region, and bring much-needed services to the residents, such as: financial education, homebuyer education, foreclosure intervention counseling, and other resident services.

The expansion grants will also assist Tierra del Sol, of Anthony, N.M., in its efforts to develop affordable rental housing for agricultural workers, low-income senior citizens, and persons with disabilities, rehabilitate owner-occupied homes, and provide financial and homebuyer education to residents in of five western Texas counties: El Paso, Hudspeth, Culberson, Jeff Davis and Presidio.

The $3.65 million in grant funding is being provided to 25 organizations nationwide. See who they are.