NeighborWorks® America honored the legacy of three Midwest network organizations Monday night during a reception that capped off the first full day of the NeighborWorks Training Institute. The organizations, Neighborhood Housing Services of Chicago, Hispanic Housing Development Corp., and South Bend Heritage, were celebrating 50 years of impact in the greater Chicago area.

In 2024, NeighborWorks Capital launched a new lending program to deploy low-cost, long-term capital to NeighborWorks network organizations to empower them to expand their homeownership initiatives in communities across the country. Wells Fargo provided $8.5 million for the launch of this program, and network organizations were selected for funding through a competitive invitation-only application process.