NCALL, a member of the NeighborWorks network, is receiving $375,000 in a flexible grant from the Neighborhood Reinvestment Corporation, dba NeighborWorks America, to support its affordable housing and community development activities.
“We are grateful to be a member of NeighborWorks and thankful for their support and generosity,” said NCALL Executive Director Karen Speakman. “This grant allows NCALL to continue to improve the housing situation for many Delawareans as well as assist with community development efforts throughout the Delmarva Peninsula.”
The $375,000 provides NCALL with operating support and the ability to utilize a portion as capital funding for its loan fund and real estate development lines of business to go towards affordable homes and community facilities.
The grants from NeighborWorks have been an asset to NCALL fulfilling its mission, vision and values. In 2018, the number of units developed and households assisted by NCALL was 4,178. The total financing leveraged $96,233,409.
NeighborWorks America is announcing $70 million in grants to its network of nearly 250 nonprofit organizations located around the country. NeighborWorks organizations will use the grants to develop and manage high-quality affordable housing, help consumers set and reach their goals through financial coaching, offer homeownership education and counseling and revitalize and strengthen communities.
"NeighborWorks America is dedicated to securing that these grants create opportunities for people to improve their lives and strengthen their communities,” said NeighborWorks America President and CEO Marietta Rodriguez.
In fiscal 2018, the NeighborWorks network provided 457,000 housing and counseling services; owned and managed 166,900 rental homes; and created more than 41,100 jobs.
For more, visit ncall.org and neighborworks.org.