April 30, 2021
Community Housing Partners, a member of the NeighborWorks network, is receiving $567,500 in flexible grants from the Neighborhood Reinvestment Corporation, also known as NeighborWorks America. This grant will support its affordable housing and community development activities.
“CHP is pleased to again be awarded funds from NeighborWorks America to support our critical affordable housing programs,” said Lance Sutherland, Chief Financial Officer at CHP. “Through NeighborWorks funding, CHP can continue to invest in the acquisition, development and rehabilitation of much needed additional affordable housing while remaining flexible enough to meet the evolving needs at our existing communities.”
The grant includes $375,000 in capital funding for CHP. In total, NeighborWorks America announced $77 million in flexible grants to its network of 239 nonprofit organizations located around the country. NeighborWorks organizations will use the grants to develop and manage high-quality affordable housing, help consumers set and reach their goals through financial coaching, offer homeownership education and counseling, and revitalize and strengthen communities.
“NeighborWorks America continues to demonstrate our strong stewardship, leveraging more than $59 for every $1 of congressional appropriation,” said Marietta Rodriguez, President and CEO of NeighborWorks America, in the grant announcement. “Further, the local, on-the-ground work of our network of nearly 240 organizations located in all 50 states, Puerto Rico and the District of Columbia allows us to make tremendous impact and transform people’s lives — particularly in a year where so many are feeling economic distress and uncertainty.”
In fiscal year 2020, NeighborWorks America and the NeighborWorks network provided more than 438,600 housing and counseling services, owned and managed 179,900 rental homes, and created 23,400 homeowners. The NeighborWorks America website has more information about the national and state-by-state impact of NeighborWorks in 2020.