| Congresswoman Ashley Hinson (IA-01) today announced that NeighborWorks America has awarded $684,000 in grants to members of the national NeighborWorks network who serve Iowa's First Congressional District, including $429,000 to the Neighborhood Finance Corporation. This grant was funded through the Fiscal Year 2022 Appropriations Bill that Hinson supported in Congress.
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"This grant will help support affordable housing and disaster recovery initiatives in Cedar Rapids. I'll continue working at the federal level, and with local partners, to bring targeted investments home to improve our communities." -Congresswoman Ashley Hinson
"Neighborhood Finance Corporation (NFC) appreciates the support and recognition from Congresswoman Hinson’s office through the NeighborWorks America award of $429,000. NFC is a Charter Member of NeighborWorks America, a key funding partner in our derecho response work through PATCH, and NFC’s renovation lending to keep Cedar Rapids neighborhoods strong while providing safe and affordable homeownership for working families." -Stephanie Murphy, Executive Director of Neighborhood Finance Corporation
Background
- NeighborWorks, a nationwide nonprofit organization, leverages public-private partnerships to support community development, including increased access to homeownership and affordable housing development and preservation.
- NeighborWorks partnering members in Iowa, including the Neighborhood Finance Corporation, have assisted with disaster response and recovery following the derecho.
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Original source can be found here
