NeighborWorks America Awards $150k to Community Housing Improvement Program
Posted by Mark Montgomery | June 05, 2017
CHICO, CA – Community Housing Improvement Program, a member of the NeighborWorks network, will receive $150,000 in flexible grants from the Neighborhood Reinvestment Corporation, dba NeighborWorks America. This FY 2017 grant funding (appropriated through Public Law 115-31 – the Consolidated Appropriations Act, 2017) provides a much-needed boost that will support CHIP’s affordable housing and community development activities.
CHIP President Dave Ferrier thanked NeighborWorks America and congressional representatives such as Congressmen La Malfa and Garamendi for supplying much needed resources to the rural Sacramento Valley. “We are able to succeed through these kinds of initiatives," said Ferrier. "CHIP is putting money back into the community in an area that tends to be ignored in California.”
These funds will go towards rental housing improvements to affordable homes in CHIP’s seven county service area as well as assisting in promoting CHIP’s work.
NeighborWorks America is announcing more than $68 million in grants to its network of more than 240 nonprofit organizations located around the country. NeighborWorks organizations will use the grants to develop and manage high-quality affordable housing; make loans to homeowners and small businesses; offer financial coaching, homeownership education and counseling; and revitalize and strengthen communities.
"We’re committed to being good stewards of taxpayer dollars, and NeighborWorks ensures our investments are working in ways that transform lives,” said Paul Weech, NeighborWorks America president and chief executive officer.
In fiscal year 2016, the NeighborWorks network assisted 360,000 individuals and families with affordable housing, owned and managed 154,100 rental homes, counseled and educated 115,000 customers, and created more than 53,600 jobs.
Community Housing Improvement Program
CHIP is a private, non-profit corporation providing quality affordable self-help housing, rental apartment communities and housing-related services to seven Northern California counties. The organization has built more than 2,000 housing units in the North Valley since 1973.
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