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NeighborWorks(R) America Invests More than $11 Million in Communities Around the Country.

Publication: Business Wire
Publication Date: 28-JUL-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
WASHINGTON -- Thousands of communities across the nation received a much-needed affordable housing boost when NeighborWorks(R) America distributed more than $11.4 million in grants to its national network of more than 240 organizations.

Housing and community development organizations around the country use the funds to increase homeownership, produce and manage affordable, high-quality rental properties, empower consumers through financial literacy and homeownership education and counseling, stem the tide of foreclosures that threaten neighborhoods and local economies, and revitalize and strengthen communities.

This was the second round of grants this year, including a special deployment of more than $2.1 million to provide relief for...

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