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 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 100 of the 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 2017, NWA received $140 million for its "core" appropriation.
For FY 2018, President Trump has proposed to eliminate NWA and his budget requests $27 mm for wind-down purposes.
For impact data sheets on the number of jobs the NeighborWorks® Network has produced, number of units produced, and other important impact data in the last 1-5 years see below:
|FY 2017:||$140 million (core)|
|FY 2016 Final:||$135 million (core) + $40 million for NFMC|
|FY 2015 Final:||$135 (core) + $50 million for foreclosure prevention (NFMC)|
|FY 2014 Final:||$136.6 million (core) + $67.6 million for foreclosure prevention (NFMC)|
|FY 2013 Final:||$128.5 million (core) + $76 million for foreclosure prevention (NFMC)|
|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)|