Neighborhood Reinvestment Appropriation

Established by Congress in 1978, Neighborhood Reinvestment (dba NeighborWorks® America) is the original bridge between communities and the public and private sector. NWA accomplishes this through partnership agreements with 238 on-the-ground, nonprofit housing providers across the country: "NeighborWorks®" organizations.

NeighborWorks® organizations operate in all 50 states, the District of Columbia and Puerto Rico; in America's urban, suburban and rural communities. Today, over 75 of the 238 NeighborWorks© organizations serve rural communities.

NeighborWorks® organizations offer a range of housing assistance based on individual community needs, from homeownership counseling and lending products to affordable multifamily properties that are assets to the community.

NeighborWorks® America receives an annual appropriation from Congress as an independent agency: in FY 2010, NWA received $168 million, plus $65 million to administer a foreclosure prevention and mitigation program (NFMC). In FY 2011, NWA received $135 million for "core", $35 million for rehabilitation grants, and $65 million for the NFMC program.

The President has requested $135 million for NWA for FY 2012 and $80 million for NFMC (foreclosure counseling program). See proposed allocations below.

With this additional funding the NeighborWorks® Network is well positioned to create jobs with maximum leverage. For impact data sheets on the number of jobs the NeighborWorks® Network has produced in the last 1-5 years see below:

State by State NeighborWorks Impact One-Pagers
State by State Impact Report FY2006-2010 (detailed)
State by State Impact Report FY2010 (detailed)

FY 2012 Final:	$135 million (core) + $80 million for foreclosure prevention (NFMC)
FY 2011 Final:	$168 million (core and rehab) + $65 million for foreclosure prevention (NFMC)
FY 2010 Final:	$168 million (core and rehab) + $65 million for foreclosure prevention (NFMC)
FY 2009 Final:	$131 million + $50 million for foreclosure prevention (NFMC)
FY 2008 Final:	$119.8 million + $360 million for foreclosure prevention (NFMC) (FY 2008 appropriations and Housing and Economic Recovery Act of 2008l)
FY 2007 Final:	$116.8 million
FY 2006 Final:	$116.8 million

More Information:

• NWA Graphic Fact Sheet 2011
• NWA Homeownership Fact Sheet 2011
• NWA Real Estate Fact Sheet 2011
• Investment Power of NWA Appropriation
• NFMC Program Fact Sheet 2011