Who We Serve

NeighborWorks Capital partners with the NeighborWorks America network to deliver the capital, expertise, and strategic support that network members need to scale their impact. We offer innovative financing solutions, consulting services, and pathways to national funding that help organizations strengthen communities and advance opportunities across the country.

About NeighborWorks America

NeighborWorks America is a congressionally chartered nonprofit that strengthens communities by expanding access to affordable housing, financial opportunity, and pathways to long-term stability. Its member organizations are rooted in the communities they serve, resident-led, opportunity-centered, and deeply attuned to local priorities. Many are working in places that traditional capital, philanthropy, and national developers often overlook: smaller cities, rural regions, Native and Tribal communities, and disinvested neighborhoods in large metros.

These organizations bring local expertise, strong resident engagement, and accountability through a national system of performance standards, peer exchange, and ongoing organizational health assessments. The result is a trusted network of high-capacity, mission-driven developers demonstrating what’s possible when capital and community power are aligned.

The NeighborWorks Advantage

Sustained
Enterprise-Level
Investments

Flexible grants and capital help organizations test, innovate, and scale programs while maintaining strong financial footing.

Dedicated Relationship Support
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Peer Learning

Each organization is paired with a national advisor and connected to a network of 250 peers for collaboration, shared problem-solving, and knowledge exchange.

Access to
National Expertise

Consulting talent, technical assistance, and specialized advisory services help organizations build capacity, expand business lines, and make informed strategic decisions.

Holistic
Capacity Building

Training, tools, and tailored resources strengthen everything from real estate development and financial management to resident engagement and board governance.

Accountability
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Performance Oversight

Annual assessments and organizational health ratings ensure strong financial and operational performance—creating confidence for mission-aligned capital partners.

NeighborWorks members benefit from a national structure that strengthens every local initiative and reduces risk for funders, investors, and lenders. This integrated system strengthens both local impact and national outcomes. It gives funders and investors a scalable, de-risked way to reach communities most often left behind, and it gives community-based organizations the leverage they need to drive long-term change.

Impact At Scale

NeighborWorks organizations are among the most productive and community-rooted affordable housing developers in the country. Their success is driven by a community-first approach, one grounded in resident voice, local decision-making, and place-based strategies built for long-term change.

NeighborWorks Capital amplifies that impact by delivering the right capital and expertise at the right time. Together, we’re helping mission-driven organizations expand housing access, strengthen economic mobility, and build the conditions every community needs to thrive.

NeighborWorks organizations are the nation’s largest producers of affordable rental housing, surpassing the combined output of the top nine for-profit developers.
In 2024, they owned and/or managed 211,900 affordable rental homes and assisted 431,600 individuals and families with affordable housing and counseling.
They invested $4.6 billion in creating new homeowners and created/supported 48,900 jobs.

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A History of Service

NeighborWorks America traces its roots to a 1972 federal initiative led by the Federal Home Loan Bank Board to combat redlining and stimulate private lending in disinvested neighborhoods. The effort evolved through interagency collaboration and was formalized by Congress in 1978 as the Neighborhood Reinvestment Corporation to serve as a flexible, nonbureaucratic laboratory for community revitalization. Over time, NeighborWorks America grew into a national network of more than 240 community-based nonprofits serving urban, suburban, and rural communities.

Building on this mission, NeighborWorks Capital was established in 2000 when NeighborWorks America decided to provide early-stage loan capital to its network to catalyze local community development projects, initially focused on rental housing through the Multifamily Initiative. Originally incorporated as Neighborhood Capital Corporation in Cleveland, with a board composed of NeighborWorks organization executive directors and lending limited to Multifamily Initiative members, the organization expanded its scope following its 2007 merger with RNA Community Builders, a NeighborWorks-sponsored rural loan fund, at which point it was rebranded as NeighborWorks Capital Corporation and relocated to Silver Spring, Maryland.