Sacramento Neighborhood Housing Services, Inc.

Sacramento CA


Sacramento Neighborhood Housing Services (SNHS) is a non-profit housing loan fund with a mission of building healthy, stable neighborhoods through partnerships that promote community pride and resident leadership. SNHS implements its mission through services that promote homeownership opportunities, property improvement, consumer education and resident leadership development primarily for low-income people living in Sacramento County, California. Its lending products include down payment and closing cost assistance loans, property rehabilitation loans, and second mortgage loans. SNHS also provides pre- and post-purchase housing counseling to its borrowers and potential borrowers.

CDFI Awards for Sacramento Neighborhood Housing Services, Inc.


CORE (2000) - $500,000

The CDFI Fund"s $500,000 award ($250,000 capital grant and $250,000 loan) will help SNHS carry out its comprehensive business plan that calls for an increase in the organization"s provision of residential second mortgages and rehabilitation loans over the next five years. The Fund"s award will also enable SNHS to augment its loan loss reserves.



SECA (1998) - $50,500

The CDFI Fund"s Technical Assistance grant award will be used for staff training, purchase of computer and communication equipment, and design of improved office management systems. CDFI Fund grant assistance will enable the Awardee to improve the efficiency of monitoring its loan activity and expand its services to additional families that do not have access to homeownership through traditional means.



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