Neighborhood Lending Services, LLC

795 Main Street
Deadwood SD, 57732-1003


Neighborhood Lending Services, LLC (NLS) is a startup company established by Neighborhood Housing Services of the Black Hills. The mission of the Neighborhood Lending Services is to a€œassist in providing decent, safe, and affordable housing and revitalizing neighborhoods to improve the quality of life in the communities.a€ NLS has established a target market of Low-Income families and the target area of South Dakotaa€™s Lawrence County, Meade County, Butte County, and the City of Wall. Loan products and services provided include: down payment and closing costs loans; home improvement loans; homebuyers education; and foreclosure prevention counseling.

CDFI Awards for Neighborhood Lending Services, LLC


FA (2005) - $300,000

NLS will utilize $27,000 in technical assistance funds to develop a capitalization plan to keep pace with its expanded service area, develop and implement a marketing plan throughout the expanded service area, purchase needed hardware and software and send two of its staff members to loan underwriting and credit administration training.



SECA (2002) - $50,000

NLS"s technical assistance award will be used to purchase technology, train staff, and obtain consulting services that will include a strategic marketing plan, the development of loan products, a strategic capitalization plan, and the designing of marketing materials.



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