Entries by Admin NHS

Tax Overhaul Is a Blow to Affordable Housing Efforts

From The New York Times:  SAN FRANCISCO — The last time that Congress approved a sweeping overhaul of the federal tax code, in 1986, it created a tax credit meant to encourage the private sector to invest in affordable housing. It has grown into a $9 billion-a-year social program that has funded the construction of […]

Survey: Many first-time home buyers lack basic knowledge about mortgages

From the Washington Post:  Despite the efforts of housing counselors, real estate agents, mortgage lenders and the Consumer Financial Protection Bureau (CFPB), many Americans lack basic knowledge of mortgages and the home-buying process. A recent survey by FreeandClear.com, a site that provides mortgage education, found that 20 percent of borrowers think it is impossible to buy […]

Military families struggle to find affordable housing

  From HousingWire: Affordability is a problem that plagues homebuyers and renters in most areas of the U.S., but the Military community could be some of the worst hit as home prices continue to increase. Military families don’t get to choose what city they live in, or when they will move there. As a result, […]

7 signs that you’re ready to buy your first home

From MoneyTips: For years, you have been dreaming about buying your first home and now you are debating taking action. Are you ready to enter the home buying market? Consider these seven signs before taking the plunge. 1. Having job security — Mortgage loan approvals require a steady regular income. Is your employment situation secure […]

Shipping containers could house homeless in Silicon Valley

From USA Today: A Silicon Valley real estate developer has a new fix for the region’s growing homeless problem: shipping containers. Billionaire mogul John Sobrato wants to build 200 micro-apartments for the homeless and low-income families on a 2.5-acre plot of city-owned land in Santa Clara, Calif., three miles south of Levi’s Stadium, home to the […]

The Gentrification Dilemma

Gentrification in America Report How do you find the right balance between neighborhood improvement, with the accompanying rise in property values, and retention of both lower-income residents and the community’s distinctive culture? According to one analysis on the Governing website, nearly 20 percent of neighborhoods with lower incomes and home values experienced gentrification since 2000—more […]

National Foreclosure Mitigation Counseling

More than two million homeowners helped by the National Foreclosure Mitigation Counseling Program Washington, D.C. — NeighborWorks America announced that more than 2 million homeowners facing foreclosure have received much-needed counseling thanks to the Congressionally-funded National Foreclosure Mitigation Counseling (NFMC) Program. “At a time when the foreclosure crisis has moved from the top of the […]

Consumer Protection Week

Protecting consumers from scams and fraud Scams, frauds and shady business practices are on the rise, resulting in more than 3 million people filing complaints with the Federal Trade Commission in 2015. During National Consumer Protection Week, take a look at some of the ways consumers can be educated and kept safe from fraud and deception.

Rural Seniors

Partnership between NeighborWorks America, Wells Fargo makes rural homes ‘safe and sound’ In rural and small town communities across America, rehab and weatherization programs are a critical resource for families struggling to stay in safe, sustainable and affordable homes. Residents are challenged with high rates of single-family homeownership combined with an aging housing stock, relative […]