Funders & Investors
OUR PARTNERS
Funders & Investors
Improving the lives of families in diverse communities across the country
NeighborWorks America comprises nearly 250 strong, capable nonprofit housing and community development organizations. One or more of these organizations are likely driving positive community change in your area today.
NeighborWorks America network organizations are effective because they are resident-led, centered around equity, and truly representative of their community’s goals. Many are working in smaller urban, rural, and Native communities that other nationally focused organizations don’t reach.
Collectively, NeighborWorks organizations are one of the largest producers of affordable housing in the country. In 2023, they produced more affordable multifamily units than the top ten for-profit developers combined. In total, they own or manage 204,000 affordable rental housing units and have housed over 330,000 low-income individuals and families. They have created over 18,000 homeowners and have made over $10 billion in community investments.
NeighborWorks organizations are:
- Nationwide, working in all 50 states, DC and Puerto Rico
- Locally driven. These nonprofits grew out of the communities they serve. Local voices are included and valued. At least one-third of board members are residents.
- Operating in communities that are often overlooked or underserved.
- At the forefront of efforts to achieve justice, equity, and inclusion for decades.
- Drivers of affordable housing production: Collectively, they are one of the largest producers of single-family and multifamily housing in the country.
- Innovators. Not only are they a large producer of housing, but they also undertaking challenging developments.
Rental Homes
Affordable rental units owned or managed
Households
Low-income individuals & families housed
Homeowners
People who now own their homes
Invested
In community development
A Strong Investment
S&P Global Ratings, the world’s leading provider of independent credit ratings, assigned NeighborWorks Capital its first-ever issuer credit rating of “A+/Positive.” S&P Global noted several compelling indicators that guided its strong rating, including our financial strength with an above-average net-equity-to-assets ratio, profitability with an above-average net interest margin, adequate liquidity, and a strong management team and board members. View the announcement.
NeighborWorks Capital has been Aeris-rated since 2011 and currently has a three-star Impact Management rating, showing strong alignment of our impact mission, strategies, activities, and data that guide our lending, programs, and planning. We also have an AA- Financial Strength and Performance Rating, demonstrating very strong financial performance and risk management practices.
NeighborWorks Capital is a member of the Federal Home Loan Bank of Atlanta, a cooperative of eligible commercial banks, credit unions, savings institutions, community development financial institutions (CDFIs), and insurance companies that offers competitively-priced financing, as well as affordable housing and community development grants. This membership enables us to access stable, reliable, and low-cost funding and other banking services to further support the needs of our customers, pursue advances, and broaden our liquidity management tools.
NeighborWorks Capital is a national non-profit, certified CDFI. We have consistently achieved an annual positive change in net assets, currently over $60 million, and since our inception, have deployed over $500 million in loan capital to NeighborWorks network organizations. To learn more about NeighborWorks Capital, you can review our audited financial statements and reports on our Reports & Audits page.
HIGH IMPACT
As a CDFI serving the NeighborWorks network, we deploy funds to highly capable organizations working in communities across the country. Our unique position as a lender to this network provides a simple and straightforward way for you to achieve your desired impact through the premier nationwide network of community-based organizations.
Our financial and operational strength, coupled with NeighborWorks America’s structure for support, accountability, and demonstrated effectiveness, offers a direct path for partners to move money efficiently and responsibly at scale into often-overlooked communities, and achieve the highest impact from every dollar of support.
NeighborWorks Capital has deployed over $500 million in loan capital to support the affordable housing development, economic development, neighborhood revitalization, and resident and community services work of NeighborWorks network organizations across the United States.
Direct Capital Invested
Total Leveraged
Affordable Homes
Created or Preserved
Commercial Space
For Community Facilities
Your Support
Makes the greatest impact with national scale that’s locally driven.
Helps create more equitable and inclusive community engagement.
Unlike many community development approaches that impose solutions from the outside, our NeighborWorks network customer base uses a community-first approach driven by the voices and aspirations of local residents. This helps to break down barriers and empower local resident leadership.
Reaches the hard-to-reach places where they’re needed most.
Works as hard as the people they serve.
Relevant Reading
We are pleased to announce that NeighborWorks Capital has received...