August 28  ·  Industry News »

HUD To Assist States, Localities With Foreclosed Properties

HUD will appropriate $50 million in Recovery Act funds to help state and local governments address the inventory of foreclosed properties assisted under the Department’s Neighborhood Stabilization Program (NSP). HUD is awarding $44.5 million to nine national organizations and another $5.5 million to help local communities purchase, rehabilitate and resell foreclosed properties in especially hard-hit neighborhoods. more

August 27  ·  NHI News »

NHI/Shelterforce Mourns the Passing of Senator Edward Kennedy

NHI/Shelterforce remembers Senator Edward Kennedy as a true progressive voice in the United States Senate and a champion for everyone struggling for a better life. He was a friend of working people and the poor, and a tireless fighter for civil rights, health care reform, affordable and fair housing, and worker rights. more

• June 30 CDFIs Receive $90M in Federal Financial Assistance Awards
• June 26 Harvard’s Joint Center Weighs in on State of the Nation’s Housing
• June 6 NHI/Shelterforce Is On Facebook

News Around the Country »

• Fannie to Rent to Owners in Foreclosure
• Court Deals Blow to Owner of Huge Apartment Complex
• Foreclosures Force Ex-Homeowners to Turn to Shelters
• Treasury to Announce New Program to Avoid Foreclosure
• Panel Says Obama Plan Won’t Slow Foreclosures

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LATEST RESEARCH »

Toes in the Water

Nonprofit Community Development Real-Estate and Mortgage Brokerage Programs

By J. Michael Collins  ·  Posted on Nov 22

NHI’s latest research report identifies state regulatory obstacles and assesses the future of a new direction in promoting homeownership

Upcoming Events »

• 7 Dec

  NeighborWorks Training Institute

  Gaylord National Hotel and Convention Center  ·  National Harbor, Md.

Web Exclusive »

Operation Neighborhood Recovery

Urban Essex County, New Jersey, one of the hardest hit areas in the state by the ongoing foreclosure crisis, could be the laboratory for a reinvention of community development. A local CDC there has completed the successful acquisition, by way of an alliance of nonprofits, of 47 mortgages expected to foreclose with an eye toward stabilizing neighborhoods in some of the oldest suburban communities in New Jersey.