Financial Capability Survey

With Americans’ interest in homeownership high, NHSSF helps South Florida residents secure homes

Miami, July 25 — A new survey from NeighborWorks America shows that about half of adults (49%) are likely to seek out homeownership education in the next one or two years, and nearly 9 in 10 people agree that homeownership is important. Neighborhood Housing Services of South Florida offers the housing counseling and services people need to reach their goal of homeownership.

NHSSF, a NeighborWorks network organization, created 51 new homeowners in 2021-2022, as shown in its fiscal year report (from July 2021 to June 2022). Interest in homeownership remains high despite the shortage of affordable housing in recent years, as evidenced by the fact that 523 people completed NHSSF 8-hour Homebuyer Certified Workshop for first-time homebuyers during the referred period.

The gap between those who want to buy a house and those who actually managed to make that dream come true, has different causes, one of the most significant being the high price of homes in the real estate market across South Florida, where the median income price of a single-family home reached $550,000 in June of this year. A cost that working families in South Florida cannot cover even with available homebuyer assistance programs from state or local government.

In such circumstances, housing counseling becomes an essential element in the search to buy a home. From June 2021 to July 2022, NHSSF offered 1,027 counseling sessions and completed 32 financial capability counseling sessions focused primarily on laying the financial foundations (savings, credit health, etc.) for any future venture.

NeighborWorks America’s 2022 Housing and Financial Capability Survey also highlighted that people of color showed particular increased interest in seeking out homeownership education, with 63% of Black adults, 66% of Hispanic adults, 56% Asian adults, and 54% American Indian or Alaska Native adults all saying homeownership is in their one- to two-year plan.

“NeighborWorks America and the NeighborWorks network are committed to helping people create pathways to long-term wealth through homeownership,” said NeighborWorks America Senior Vice President of National Initiatives Lee Anne Adams. “NeighborWorks America plays a critical role in helping people get into homes and sustain them, through housing counseling, connecting to down payment assistance, and financial planning.”

The survey also pinpointed the financial challenges for many Americans, who are working to address everyday costs. More than four in 10 Americans say they could not keep up with expenses for one month if they lost their main income source. A growing majority of Americans want or need information or assistance with their financial situations. Just over half are interested in financial planning classes (56%.)

For more information about NeighborWorks America’s Housing and Financial Capability Survey, go to https://www.neighborworks.org/Homes-Finances/Homeownership/Housing-Survey.


National Homeownership Month brochure

NeighborWorks Week 2022: Empowering our residents for success!

NHSSF NeighborWorks Week 2022, came to a superb close this past Saturday, June 11, with over 100 South Florida residents dancing, laughing, and celebrating together at our Community Block Party!

 

The community event at our headquarters was part of 2022 NeighborWorks Week, (June 4 – 11), when NeighborWorks network organizations around the country, like us, organize community service projects to celebrate the successes of communities and how NeighborWorks and residents work together to enable people to enhance their lives.

As part of these celebrations, from June 7 – 9, we provided a Homebuyer Orientation and a Financial Fitness classes (both in the main languages spoken by our residents across South Florida: English, Spanish & Haitian Creole). We aimed to create informed consumers -whether they will purchase a home in the future or take back control of their finances- as a way to empower communities to thrive. Over 40 residents attended our online classes during that week.

Regarding the Community Block Party on June 11, we were honored to award Miami Dade County District 5 Commissioner, Eileen Higgins, and SMASH President & CEO, Adrian Madriz with the “Stand Up for Your Neighbor” NHSSF Prize. We believed that this community event was a perfect scenario to recognize both Commissioner Higgins and Adrian Madriz for their unwavering commitment to affordable housing and their enduring service as community advocates in favor of the hard-working residents across South Florida.

The party was a great success and all our invitees had a great time with amazing salsa music, delicious food and a splendid time for our children.

 

Thank you all for coming!

 


NHSSF Block Party

Community Block Party at the NHSSF site

Neighborhood Housing Services of South Florida (NHSSF) is hosting a Neighborhood Appreciation Block Party as part of NeighborWorks Week 2022

 

Neighborhood Housing Services of South Florida will host a Community Block Party, where staff and volunteers will present the future NHSSF FREEDOM POINTE development for the senior population of Little Havana, while we celebrate community resiliency with some Free Food, a Salsa Class, a Domino Contest and a Creative Corner for our kids. The projected building will consist of 75 affordable units for our seniors in Little Havana and will include supportive services to residents as well as a ‘health hub’ in the building. We want to introduce the community to this affordable housing project and ask for their input about the supportive services their senior family members would like to receive.

Additionally, being our first gathering after the Covid-19 pandemic, we want to celebrate our Little Havana Community with food, music and additional activities. The event is part of NeighborWorks Week (June 4-11), when NeighborWorks network organizations around the country organize community service projects to celebrate the successes of communities and how NeighborWorks and residents work together to enable people to enhance their lives.

WHAT: NHSSF BLOCK PARTY (free food, domino contest, salsa classes, and much more!)

WHEN: Saturday, June 11, from 11:00 am – 2:00 pm

WHERE: At NHSSF headquarters, located on 300 NW 12th Ave., Miami, FL 33128

WHO: All Little Havana residents & families are welcome to attend!

Come and celebrate with us!

RSVP

 

NHSSF Block Party Announcement

 

Community Block Party en el sitio de NHSSF

¡Ven a nuestra fiesta comunitaria!

En Neighborhood Housing Services of South Florida (NHSSF) estamos organizando una Fiesta de Agradecimiento Comunitario como parte de la Semana de NeighborWorks 2022.

El sábado 11 de junio, de 11 de la mañana a 2 de la tarde, te estamos invitando a una Community Block Party, donde te presentaremos el futuro desarrollo de NHSSF FREEDOM POINTE, un edificio de departamentos para la población de adultos mayores de la Pequeña Habana, al mismo tiempo que celebramos la resiliencia de la comunidad ofreciéndote comida gratis, clases de salsa, concursos de dominó y un rincón creativo para nuestros niños.

El edificio proyectado constará de 75 unidades asequibles para nuestros adultos mayores de la Pequeña Habana e incluirá servicios de apoyo para los residentes, así como un “centro de salud” en el edificio. Queremos presentarle a toda la comunidad este proyecto de vivienda asequible y pedir su opinión sobre los servicios de apoyo que les gustaría recibieran sus familiares mayores.

Además, al ser nuestro primer evento en persona después de la pandemia de Covid-19, queremos celebrar a todos nuestros vecinos y a la comunidad de la Pequeña Habana con comida, música y actividades adicionales. El evento es parte de la Semana de NeighborWorks (del 4 al 11 de junio), durante la cual las organizaciones de la red de NeighborWorks en todo el país organizan proyectos de servicio comunitario para celebrar los éxitos de las comunidades y cómo NeighborWorks y los residentes trabajan juntos para permitir que las personas mejoren sus vidas.

¿QUÉ? NHSSF BLOCK PARTY (¡comida gratis, concurso de dominó, clases de salsa y mucho más!)

¿CUÁNDO? Sábado, 11 de junio, de 11:00 am a 2:00 pm

¿DÓNDE? En la sede de NHSSF, ubicada en 300 NW 12th Ave., Miami, FL 33128

¿QUIÉNES ESTÁN INVITADOS? ¡Todos los residentes y familias de Little Havana están invitados a asistir!

¡Ven y celebra con nosotros!

RSVP