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MOVING COMMUNITIES Forward with Local Solutions

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MOVING COMMUNITIES Forward with Local Solutions New Location! 999 North Capitol Street, NE Washington, DC 20002 Phone: (202) 760-4000 www.nw.org MOVING COmmUNITIES 2012 ANNUAL FORWarD WITH REPORT LOCAL SOLUTIONS From the Board Chairman and Chief Executive Officer Dear Friends, The last year was one of challenge and opportunity for NeighborWorks America. It was also a year in which we were reminded of the power of partnership. NeighborWorks America supports a network of more than 235 organizations through grants and technical assistance and provides training and foreclosure intervention assistance to thousands more around the country. These resources strengthen communities by finding local solutions to the problems they face as a result of continued economic hardship. As we prepared to publish this annual report highlighting last year’s achievements, we were gratified by the confidence our partners demonstrated in NeighborWorks America. This confidence is based, we believe, on our ability to reach into communities with professionals of the highest caliber; people who are able to bring ambitious, high impact We hope you enjoy projects to scale quickly. Our ability to measure the impact of our work on our first digital annual communities is unparalleled in the field. Moreover, NeighborWorks’ capacity report. Its click-through to adapt to new, constantly evolving circumstances, to learn from the format provides the sweeping reach of our network, and to share that learning effectively, speaks loudly to how we accomplish our mission. Board Chair Sarah Bloom Raskin (above) ability not only to read and CEO Eileen M. Fitzgerald (below) about some of our 2012 As this annual report clearly conveys, NeighborWorks is achieving results. In 2012, NeighborWorks America and the NeighborWorks network generated more than $4.68 billion in public accomplishments, but and private investment and assisted more than 300,000 families with their housing needs. NeighborWorks also to view videos trained close to 13,000 housing and community development professionals who returned to their about those benefiting communities to make a real and lasting difference. Our efforts to help families and communities weather from our work. the foreclosure crisis include the National Foreclosure Mitigation Counseling program, which has served 1.5 million homeowners since its inception. Moreover, our philosophy of promoting sustainable homeownership continues to pay dividends for families and communities as we continue to assist new homebuyers. In fact, a new study has found that homebuyers who receive NeighborWorks pre-purchase housing counseling and education are nearly one-third less likely to fall behind 90 days or more on their mortgages within two years of origination than other homebuyers. This past year NeighborWorks was fortunate to benefit from the service of two exemplary board chairs. We thank Thomas Curry and Christiane Gigi Hyland for their dedication, leadership, and vision. They helped us create a stronger foundation from which to build in the years ahead. As NeighborWorks enters its 35th year, we have much to celebrate. We hope that you will join us as we work to make housing opportunities available for lower-income people and create healthy, sustainable neighborhoods that people are proud to call home. Eileen M. Fitzgerald Sarah Bloom Raskin Chief Executive Officer Chairman, NeighborWorks America Board of Directors NeighborWorks America Member, Board of Governors Federal Reserve System 1 The NeighborWorks Impact: Far-Reaching, Effective, Life-Changing 2012 Highlights Investments N eighborWorks America: B ELIEVES in the power of community development Families & Professionals Communities PROVIDE S resources to change lives Individuals 20,045 training $4.68 billion investment CRE certificates awarded to leveraged on the ground by ATES affordable homeownership 1.52 million received and rental opportunities community development NeighborWorks network National Foreclosure professionals Mitigation Counseling $82.5 million in STRENGT the District ofHEN ColumbiaS communities and Puerto in all Rico 50 states, since 2007 12,570 professionals NeighborWorks grants to local and regional learned skills to better serve 305,100 assisted by low-income families NeighborWorks organizations NeighborWorks network 10,000 homeownership 1.23 million volunteer 18,500 homeowners education and counseling hours spent improving preserved their homes certificates awarded communities 15,000 became new 3,754 organizations 26,700 jobs created homeowners received training and maintained 102,000 rental homes owned and managed 2 3 NextStepUS: Headed to breakout Identifying Solutions session to create a stellar three- to five-year career Through Education and Training strategy. Any other Millenials with me? #CincyNTI #NextGenCD @neighborworks Throughout 2012, Professional training certificates earned NeighborWorks America 20,045 Solutions-Focused Symposia helped nonprofits and government staff identify and Four symposia, held at the NeighborWorks Training Institutes, sparked innovative thinking on Individuals awarded certificates implement solutions in their 12,570 the nation’s most pressing community and revitalization topics. The ideas generated at the local communities through symposia inspired participants to implement spin-off solutions tailored to their communities. national NeighborWorks + Homeownership education & counseling certificates Training Institutes, 10,000 customized local training and Building on Strength: Invigorating Business Models for online learning. Participants Foreclosure counseling-related training certificates Affordable Rental Housing in a New Era Washington, D.C. went back into their 2,737 familytreegirl: RT @llhassan: Michael Bodaken, National Housing Trust communities and put their Affordable housing development, asset education to work. + management & construction management we can’t have economic recovery without housing 2,400 certificates recovery. NWAffordableHousing @neighborworks + Community revitalization, community economic development & resident engagement certificates 2,100 Reclaiming the Vision of Homeownership: Challenges and Solutions Los Angeles + 3,754 1,700 Nonprofit management & leadership certificates @EMSpeck: Participating Why buy a home? 81% think homeownership is a Organizations 864 Financial capability coaching certificates good investment #ReclaimHomeownership Home Equity Conversion Mortgage & Municipalities counseling training certificates From Surviving to Thriving: Communities Recharged 427 by the Power of Resident Leadership New Orleans Energy efficiency & healthy homes practices SarahMcGreenb: training certificates 347 Biggest surprise from @neighborworks Resident Leadership symposium in New Orleans today? How many young people were in the audience! #cbonw 4 5 Online Learning Training and Supporting NeighborWorks America’s online educational offerings Resident Leaders enable professionals to develop new knowledge and NeighborWorks Community Leadership Institute skills while working around personal schedules and (CLI) strengthens the voices and skills of resident conserving travel budgets. and volunteer leaders from communities served Module-Based eLearning Courses by NeighborWorks organizations and their In 2012, Module-Based eLearning was expanded to strategic partners. include 21 courses in seven different content areas, An Achieving Excellence session at More than 750 resident leaders attended our FY2012 enabling participants to earn 5,116 training certificates. the Kennedy School of Government Kansas City CLI event. After three days of leadership at Harvard University NeighborWorks Virtual Classroom workshops and community project “action planning,” the David Haiman is among the experienced CLI instructors. The newest product, Virtual Classroom, allows learners leaders went back to their communities and implemented to interact online with an expert faculty member and Achieving Excellence: their plans. Local teams leveraged small seed grants to fellow participants. Advancing Organizational generate investments of more than $1 million in community Impact improvement efforts. NeighborWorks offers seven Virtual Classroom courses, In 2012, NeighborWorks celebrated the including three additions in 2012: grant proposal writing, 10th anniversary of the NeighborWorks home equity conversion mortgage counseling, and one Achieving Excellence in Community on exit strategies for low-income housing tax credit Development Program. A collaboration The impact of the Community Leadership Institute on community leaders and projects. with Harvard University’s Kennedy School of Government, Achieving therefore communities is unparalleled. Excellence is an 18-month organizational transformation program for a select group Paul Bradley, president and CEO of ROC (Resident Owned Communities) USA of seasoned professionals. The proven results of this innovative program demonstrate that it is among the most powerful, high-impact programs for organizations working to benefit their communities. More than 70 percent of the most recent class reported either “significant” or “profound” improvement Brightening the in their capacity to act as a catalyst for Neighborhood positive change. For example, staff from More than 100 residents Boston-based Urban Edge applied the worked together to create an strategic tools and approaches learned intergenerational street mural. through the Achieving Excellence It was the result of a CLI action program, to turn a budget deficit into a 20 plan created by participants
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