Neigborhood Housing Services Lending, Inc.

Boise ID


The nonprofit Neighborhood Housing Services creates homeownership opportunities for low-income individuals and families in the Boise metropolitan area. This loan fund finances first mortgages independently and in concert with local banks, and provides small rehabilitation loans. The NHS augments its lending with the physical rehabilitation of single-family homes, which it then finances and sells to low-income buyers.

CDFI Awards for Neigborhood Housing Services Lending, Inc.


FA (2005) - $256,800

NHS Lending will use the 2005 FA award of $223,500 to increase its asset base, which will assist in raising additional lending capital. The Awardee will use a TA grant of $33,300 to (1) obtain consulting services to provide a market study, (2) purchase computers, and (3) pay for staff training in compliance, loan servicing and collections, predatory lending, and post-purchase counseling.



CORE (1998) - $720,000

The Fund"s $700,000 capital grant and $20,000 technical assistance grant will help the NHS expand its activities statewide. The grants will also help underwrite a new second mortgage program.



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