Neighborhood Housing Services of Chicago
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Grants
16
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Impact Investments
2
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Total Awarded
$11,125,000
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Years
1983 - 2012
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Categories
Grants and Impact Investments
2012 (1 year)
$150,000
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.
2010 (1 year)
$300,000
To support strategic planning and efforts to address the negative effects of foreclosure on low- and moderate-income communities in Chicago.
2008 (2 years)
$2,400,000
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).
2003 (5 years)
$1,750,000
In support of programs that promote residential stability and homeownership in Chicago neighborhoods (over five years).
2001 (1 year)
$400,000
To upgrade information systems and restructure lending and development services.
2000 (1 year)
$50,000
To support office rehabilitation and the restoration of services following a fire.
1999 (1 year)
$250,000
To support consensus building and redevelopment planning for public housing in the North Lawndale neighborhood.
1999 (3 years)
$900,000
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).
1998 (1 year)
$50,000
To develop a strategy to improve the linkage between neighborhood crime prevention activities and efforts to improve local housing markets.
1997 (1 year)
$250,000
To support programs and organizational development.
1994 (3 years)
$750,000
To expand home ownership development efforts, with particular emphasis on the low-income communities of Roseland and West Englewood (over three years).
1990 (1 year)
$300,000
To support the Boulevard Revitalization Project (over three years).
1989 (1 year 4 months)
$600,000
In support of general operations (over three years).
1988 (31 years 9 months)
$1,800,000
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.
1987 (2 years)
$100,000
For seven neighborhood offices (over two years).
1986 (33 years 5 months)
$500,000
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.
1983 (1 year)
$125,000
In support of general operations (over two years).
