Congratulations to our customers that closed on loans in the second quarter of 2023! We are pleased to announce that People’s Self-Help Housing, NeighborWorks New Horizons, REACH Community Development, NeighborGood Partners, Coachella Valley Housing Coalition, Nuestra Comunidad, Comité de Bien Estar, Mutual Housing California, Midwest Minnesota Community Development Corporation, Eden Housing, and NewVue Communities all recently closed on loans with NeighborWorks Capital. These loans represent a $18,860,275 investment in affordable housing and community development projects for the quarter. Thank you for choosing NeighborWorks Capital, and we are honored to be able to support your important work.
Final FHFA Rule on Racial Equity, Language Access, and Fair Lending Oversight Will Aid Underserved Communities
A coalition of affordable housing and civil rights organizations applaud an announcement from the Federal Housing Finance Agency (FHFA) finalizing a rule on fair housing, fair lending, and equitable housing finance (EHF). The FHFA’s new rule on EHF plans will provide greater market access to underserved communities.