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Springfield Neighborhood Housing Services, Inc.
Springfield MACDFI Awards for Springfield Neighborhood Housing Services, Inc.
FA (2009) - $600,000
Springfield Neighborhood Housing Services, Inc. Springfield Neighborhood Housing Services, Inc. is a non-profit organization established in 1978 with a mission to transform families and revitalize distressed neighborhoods through homeownership, rehabilitation and development of blighted properties and resident empowerment. Springfield Neighborhood Housing Services, Inc. provides first-time homebuyer loans and foreclosure prevention. It will use its FY 2009 Financial Assistance award to create a “Rescue Fund” to help prevent foreclosures, rehabilitate and purchase homes and refinance second mortgages.
SECA (2002) - $190,000
The Fund"s technical assistance award will be used to obtain consulting services, purchase technology, and train staff to enable NHS to serve an expanded Investment Area, increase its lending activity, and development services and to develop a new first mortgage product.
SECA (2000) - $40,000
The CDFI Fund"s technical assistance award will pay for the revision of the NHS"s loan policies and procedures, the development of a capitalization and fundraising strategy, strategic planning, staff training, and improved technology.
Other Community Development Financial Institutions in Massachusetts
ACCION USA
Boston
AI Wainwright LLC
Boston
BCLF Ventures II, LLC
Boston
Institute for Community Economics
Springfield
Jobs for Fall River, Inc.
Fall River
Local Enterprise Assistance Fund
Brookline
MHIC, LLC
Boston
NOAH Community Development Fund, Inc.
East Boston
UECDF Corporation
Roxbury
WCHR Securities, Inc.
Worcester
YouthBuild Loan Fund
Somerville
Featured Government Grant Resources
Secondary Market Lending Authority Program
The Small Business Administration has constituted the Secondary Market Lending Authority program, one which aims to provide liquidity for the secondary market, thereby ultimately encouraging new lending opportunities from banks of Small Business Administration guaranteed loans.
Small Business Administration's Small Business Investment Companies
The Small Business Investment Companies Program revolves around the notion of developing privately owned and managed investment companies which will be licenses and regulated by the Small Business Administration, so as to provide equity capital, long term loans, and advisory services to small business requiring such services.
Social Entrepreneurship
Spotlight
Building a Million Dollar Company Where Everyone Counts
Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.
