By Laura Altomare, CFRM, Director of Communications and Development, Homewise
Since our founding in 1986, we’ve helped over 14,000 households become more financially educated, 3,600 become homeowners, 2,100 make energy-efficient home improvements and emergency repairs, 600 refinance to more affordable mortgages, and we have built over 600 high-quality affordable homes. These results are made possible through the support of our investors and donors, who serve as our partners in helping families build financial resilience and stability through successful homeownership.
CLEVELAND,December 13, 2017/3BL Media/ - KeyBank Community Development Lending & Investment (CDLI) has provided an $8.2 million credit enhancement for the construction of Roosevelt Residences, located in Utica, NY. The project is being developed by Norstar Development USA, L.P., and the Municipal Housing Authority of the City of Utica, NY.
Governor Daugaard joins Wells Fargo to announce NeighborhoodLIFT program that will offer homebuyer education plus $7,500 down payment assistance grants for all 66 counties and rural communities
SIOUX FALLS, S.D., November 30, 2017 /3BL Media/ – Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member, GROW South Dakota, today announced the NeighborhoodLIFT® program is coming to South Dakota with a $2 million commitment by Wells Fargo to boost homeownership for eligible homebuyers across the state’s 66 counties. This will be Wells Fargo’s 56th LIFT program and second-statewide effort in the U.S.
Morgan Apartments will serve families earning between 30% and 60% AMI
CLEVELAND,November 27, 2017 /3BL Media/ - KeyBank Community Development Lending & Investment (CDLI) has provided a total of $8.3 million in 9% LIHTC financing to The Model Group, Inc. and Over-the-Rhine Community Housing, Inc. (OTRH) for the acquisition and renovation of Morgan Apartments, a 48-unit scattered site, affordable multifamily housing project in Cincinnati, OH. KeyBank arranged a $7.8 million construction loan and a $450,000 permanent loan, using the FHLB of Cincinnati’s Community Investment Program (CIP).
In 2017, Delta volunteers built or rehabilitated 19 homes across the United States and Mexico
ATLANTA, November 3, 2017 /3BL Media/ — Wrapping up this week, Delta and Aeroméxico volunteers built the 250th home in Mexico as a part of the 14th Global Build with long-standing partner Habitat for Humanity. A supporter of local Habitat organizations since 1995, Delta became a national partner in 2006. Through the national partnership, Delta volunteers have helped build or rehabilitate a total of 253 homes in 12 countries around the world.
AHC Inc. has been building quality affordable housing communities for low and very-low income families since 1975. Every time AHC builds a community, the non-profit not only provide roofs overhead – it helps families build strong foundations. Onsite year-round educational programs are available for children living at AHC’s properties in Arlington, including After-School literacy activities, one-on-one Teen Tutoring, College & Career Readiness, and a Summer Camp to prevent learning loss.
In the suburb of Hackbridge in South West London, a sustainable social housing movement is taking place. BedZED, the U.K.’s first large-scale “eco-village,” is leading the way in the global movement to improve sustainable social housing offerings.