Fairbanks Neighborhood Housing Services, Inc.

Fairbanks AK


Fairbanks Neighborhood Housing Services (FNHS) is a non-profit NeighborWorks organization chartered in 1993 to revitalize neighborhoods and develop affordable housing for low-income families and residents in Fairbanks, Alaska. The organization also provides homebuyer education within its target market.

CDFI Awards for Fairbanks Neighborhood Housing Services, Inc.


CORE (2000) - $1,235,500

The CDFI Fund"s $1,235,500 award ($235,500 capital grant and $1,000,000 loan) will help support the organization"s two new major lending programs in Fairbanks -- including a first mortgage program and a property improvement loan program.



SECA (1999) - $45,000

The technical assistance grant will be used to increase operating efficiencies through the purchase of computer equipment; conduct a market assessment; design a new loan product; and train staff in loan underwriting.



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