Delivering on the Mission
NEIGHBORWORKS AMERICA: DELIVERING ON THE MISSION ANNUAL REPORT FY 2019 FOR MORE THAN 40 YEARS we have created opportunities for people to live in affordable homes, improve their lives and strengthen their communities. Our mission drives us forward. We continue to grow and evolve, exploring new paths, partnerships and solutions to better equip the communities we serve with the resources they need. A Letter from the Chairman of the Board It is a privilege to serve as the chairman of the NeighborWorks America board of directors. The board is committed to effective governance to ensure that NeighborWorks continues to carry out its vital mission. This is a personal journey for me. My first professional experience in Washington, D.C., was as an aide to my congressman from the Bronx in New York City. The congressman was a very strong supporter of the Urban Reinvestment Task Force, which by an act of Congress in 1978 became the Neighborhood Reinvestment Corporation, later to become NeighborWorks America. Through that experience, I gained an appreciation for the founding vision of NeighborWorks: empowering community residents, collaborating with local financial institutions and government leaders, and working to improve and transform their neighborhoods and quality of life. NeighborWorks’ founding vision is a powerful one. For more than 40 years, NeighborWorks has made a significant impact on neighborhoods and communities throughout the United States, in rural towns and urban centers, and everywhere in between. It’s an extraordinary history of accomplishment. This past year was no exception. Our accomplishments in fiscal year 2019 included: • Counseling and educating more than 166,000 customers; • Growing our network’s rental home stock by 6,785 units to more than 173,000 rental homes owned; and • Assisting more than 22,000 first-time homebuyers (mostly low to moderate income), thereby creating opportunity for families that not long ago believed the American dream was out of reach for them.
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