NHSGB is incredibly grateful to have been selected by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) to receive an award of $560,000. The organization was among 252 Community Development Financial Institutions (CDFIs) to receive $194.1 million in Financial Assistance (FA) awards. This generous contribution will help NHS to substantially increase their lending and investment activities in disadvantaged and distressed neighborhoods and communities.
“This investment from the Fund allows for NHSGB to continue its intentional work of creating new homeowners in affordable housing across all of PA,” said Stephen T. Gieringer, CEO. “With this injection of equity, NHSGB’s lending capacity is enhanced — providing greater access to affordable housing outcomes, creating jobs, and empowering underserved communities throughout Pennsylvania.”
Neighborhood Housing Services of Greater Berks provides guidance and creates opportunities for people who want to purchase and maintain their homes, improve their lives and strengthen their communities. They offer homebuyer education, counseling, and lending services. NHS also works throughout the year to empower residents to become leaders. learn more at https://nhsgb.org/.
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