Tuesday, November 29, 2011

$3 Million from Wells Fargo Housing Foundation Will Bolster NeighborWorks Housing Education and Counseling

A $3 million grant from the Wells Fargo Housing Foundation will support a range of NeighborWorks America training initiatives. It will strengthen the ability of nonprofit community development professionals to help thousands of consumers better understand homeownership and how to avoid foreclosure.

Wells Fargo’s grant to NeighborWorks America supports training and scholarships for homeownership educators and housing counselors delivered through NeighborWorks Training Institutes; local place-based training opportunities around the U.S., and increasingly through NeighborWorks led e-learning courses. The grant period runs from October 1, 2011 through March 31, 2013.

“This grant from Wells Fargo is important to our ability to provide the latest information and training to housing counselors and other community development professionals,” said Eileen Fitzgerald, CEO of NeighborWorks America. “Importantly, this grant from Wells Fargo underlines its commitment to narrowing the gap for access to quality homeownership education, training and counseling.”

“Financial challenges are building for housing counseling services at a time when consumer demand for their help is growing,” said Kimberly Jackson, executive director of the Wells Fargo Housing Foundation. “Wells Fargo believes homeownership education and counseling training and scholarships provided by NeighborWorks are critical to helping Americans as they face financial struggles that extend beyond their home payments and the country continues to work through the impacts of a challenging economy.”

Using various delivery methods to reach housing counseling practitioners, NeighborWorks America awards more than 12,000 training certificates each year in homeownership and community lending, and the demand for skilled professionals in homeownership education and counseling is not expected to decline.

Thank you to Wells Fargo for strengthening our training reach! Learn more here.