News & Events

NHS Awarded CDFI Funds for Mortgage Lending

09/30/13 at 02:13 PM

Neighborhood Housing Services (NHS) has been notified that the U. S. Department of the Treasury's Community Development Financial Institutions (CDFI) Fund selected NHS Lending Inc. for an award through the FY 2013 CDFI Program.  The award of $600,000 provides substantial support to grow our program that offers mortgage loans to qualified low- to moderate income families and individuals.  NHS Lending provides flexibility that is not available from conventional lenders, paving the way to homeownership for those who would otherwise not be able to buy a home. 

These funds are to be lent to qualified families over a period of three years, but past history shows that Lupe Rodriguez, the Director of Homeownership Lending, deploys these funds far more quickly.  Leveraged with lending capital from NeighborWorks America, this award allows NHS to make an even larger impact in the communities we serve. 

To learn more about NHS Lending, visit www.nhsid.org/home-lending or contact Lupe Rodriguez 208-258-6218.

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