Press Releases

Washington, D.C. – NeighborWorks® America, a Congressionally chartered nonprofit corporation that for more than 45 years has advanced affordable mortgage financing and construction of workforce accessible homes, announced today distribution of $9.5 million in a sixth tranche of grants to its nationwide network of nearly 250 nonprofit community development small businesses. This investment is the latest round of grants in organizations focused on solving the housing affordability and supply crises. With this tranche, Fiscal Year 2025 investments total $81 million.

Washington, D.C. — August 26, 2025 NeighborWorks® America today joined Providence Community Housing, residents and local partners in celebrating the groundbreaking of Phase VII at Faubourg Lafitte in New Orleans. This final phase of redevelopment will deliver 51 affordable rental homes for very low- and low-income families, honoring the neighborhood’s history while shaping its future. 

New Orleans — More than 1,500 affordable housing and community development nonprofit leaders arrived in New Orleans to attend NeighborWorks® Training Institute (NTI) August 25-29, injecting more than $4.2 million into the local economy. The attendees from nonprofit, government and business organizations from across America are in the Crescent City to learn how to deploy the latest techniques and strategies to build affordable housing, strengthen community ties among neighbors and enhance individual and family financial resilience. Homeownership promotion, rental housing development and financial capability training are among the popular courses as these local professionals seek the tools to help their neighbors and customers navigate elevated mortgage rates, home prices, insurance and rents.

Washington, D.C. – NeighborWorks America announced that Greenville Housing Fund (GHF), Greenville, South Carolina has become the newest member of the national NeighborWorks network. The NeighborWorks network is a group of high-performing community and housing development nonprofit organizations committed to increasing homeownership and financial capability, and empowering residents to work together to advance economic opportunity.  Membership in the NeighborWorks network gives GHF access to new sources of flexible funds for local housing investment and job creation. In addition to new capital for homeownership programs, network membership increases proximity to housing industry leadership and to a laboratory of proven strategies that successfully bring private and government investment together to increase the supply of affordable homes.

Washington, D.C. – NeighborWorks® America announced that Hawai’i Community Assets (HCA) has become the newest member of the national NeighborWorks network. The NeighborWorks network is a group of high-performing community and housing development nonprofit organizations committed to increasing homeownership and financial capability, and empowering residents to work together to advance economic opportunity.  Membership in the NeighborWorks network gives HCA access to new sources of flexible funds for local housing investment and job creation. In addition to new capital for homeownership programs, network membership increases proximity to housing industry leadership and to a laboratory of proven strategies that successfully bring private and government investment together to increase the supply of affordable homes.

Washington, D.C. – NeighborWorks® America is calling attention to three consumer programs designed to help put the millions of people who believe owning a home in today’s market is unattainable on a clearer path to affordable homeownership. The programs highlighted come as a recent survey from NeighborWorks America found that 31% of adults overall and 38% of Gen Z who want to buy a home consider the goal unattainable.

Washington, D.C. – NeighborWorks® America, a Congressionally chartered nonprofit corporation that for more than 45 years has advanced affordable mortgage financing and construction of workforce accessible homes, announced today distribution of $11.8 million in a fifth tranche of grants to its nationwide network of more than 245 nonprofit community development small businesses. This investment is the latest round of grants in organizations focused on solving the housing affordability and supply crises. With this tranche, Fiscal Year 2025 investments total $71.5 million. 

Washington, D.C. — NeighborWorks® America honored five resident leaders with its 2025 Dorothy Richardson Award for Resident Leadership. The honorees, who come from across the country, inspire their neighbors and lead their communities in promoting improvements and change, in preserving local culture, and in ensuring their communities are safe and healthy places to call home. The awards will be presented in a ceremony on Oct. 31 during NeighborWorks America’s Community Leadership Institute in Minneapolis, Minnesota.

Washington, D.C. – NeighborWorks America’s board of directors and President and CEO Marietta Rodriguez announced the appointment of Lee Anne Adams to serve as the organization's Executive Vice President and Chief Operating Officer. Adams, who joined NeighborWorks in 2008, was previously senior vice president of the organization’s National Initiatives division, where she had principal responsibility for programs supporting affordable housing development and asset management, homeownership, lending and wealth building and community initiatives. She follows Susan M. Ifill who is retiring after serving in the role since 2020.

Washington, D.C. – NeighborWorks® America, a Congressionally chartered nonprofit corporation that for more than 45 years has advanced affordable mortgage financing and construction of workforce accessible homes, announced today distribution of $12.3 million in flexible risk capital to 219 members of the NeighborWorks network that build and preserve affordable housing. This investment in organizations focused on solving the housing affordability and supply crises is the latest financing round while NeighborWorks America awaits its full year funding.