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Neighborhood Housing Services of Chicago

Chicago, Illinois
www.nhschicago.org

Neighborhood Housing Services of Chicago was awarded $11,125,000 between 1983 and 2012, including 18 grants in Community & Economic Development, Housing and Impact Investments.

$150,000

2012 • 1 year • Community & Economic Development

Neighborhood Housing Services of Chicago (NHS) is a nonprofit community development organization that provides homeownership financing and services in low- and moderate-income Chicago neighborhoods. It will use this grant to develop, implement and evaluate creative strategies to limit loss severity in its mortgage loan portfolio, including shared appreciation mortgages, discounted note sales, and "cash for keys" offers with varying levels and types of incentives .This project will strengthen NHS's overall financial position, and advance understanding nationally about ways to strategically segment a troubled loan portfolio and identify specific strategies that work for different types of loans, demographics, and market conditions.

$300,000

2010 • 1 year

To support strategic planning and efforts to address the negative effects of foreclosure on low- and moderate-income communities in Chicago.

$2,400,000

2008 • 2 years

In support of public education and counseling to prevent foreclosure in New Communities Program and other neighborhoods in Chicago as part of the Foreclosure Prevention and Mitigation Project (over two years).

$1,750,000

2003 • 5 years • Community & Economic Development

In support of programs that promote residential stability and homeownership in Chicago neighborhoods (over five years).

$450,000

2002 • 1 year • Community & Economic Development

To improve information management systems.

$400,000

2001 • 1 year • Community & Economic Development

To upgrade information systems and restructure lending and development services.

$50,000

2000 • 1 year

To support office rehabilitation and the restoration of services following a fire.

$250,000

1999 • 1 year • Housing

To support consensus building and redevelopment planning for public housing in the North Lawndale neighborhood.

$900,000

1999 • 3 years

To support a project that simultaneously addresses neighborhood safety and housing development in order to advance community improvement in six Chicago neighborhoods (over three years).

$50,000

1998 • 1 year

To develop a strategy to improve the linkage between neighborhood crime prevention activities and efforts to improve local housing markets.

$250,000

1997 • 1 year

To support programs and organizational development.

$750,000

1994 • 3 years

To expand home ownership development efforts, with particular emphasis on the low-income communities of Roseland and West Englewood (over three years).

$300,000

1990 • 1 year

To support the Boulevard Revitalization Project (over three years).

$600,000

1989 • 1 year 4 months

In support of general operations (over three years).

$1,800,000

1988 • 33 years 5 months • Impact Investments

Program-related investment to provide funds to make low-interest home improvement loans to non-bankable borrowers and finance investment in deteriorating properties in Chicago's inner city.

$100,000

1987 • 2 years

For seven neighborhood offices (over two years).

$500,000

1986 • 35 years 1 month

Program-related investment to provide funds to make low-interest home improvement loans to non-bankable borrowers and finance investment in deteriorating properties in Chicago's inner city.

$125,000

1983 • 1 year

In support of general operations (over two years).

www.nhschicago.org
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