Proud to be one of Citi Foundation's Community Progress Makers

NHSSF Selected by the Citi Foundation’s Community Progress Makers Initiative to Advance Social and Economic Opportunity in Greater Miami Area

Unrestricted grant of $500,000 will enable NHSSF to address racial inequities in housing and wealth building across African American and Latinx communities

December 14, 2021

City of Miami – Neighborhood Housing Services of South Florida (NHSSF) was selected by the Citi Foundation as a recipient of the Community Progress Makers initiative, which supports visionary organizations across the U.S. that are working to connect low-income communities and communities of color to greater social and economic opportunity. As a Community Progress Maker, NHSSF will receive a multi-year, unrestricted grant of $500,000 and access to technical assistance and a supportive learning community from 2022 – 2023.

Through Citi Foundation’s support, Neighborhood Housing Services of South Florida will expand services that address racial inequities in housing and wealth building, combat gentrification of historically African American and Latinx Neighborhoods, and support communities in ongoing, resident-driven neighborhood revitalization throughout the area with a focus on Black Homeownership, progressive lending, and equitable development. For nonprofits like NHSSF having unrestricted grant support has always been critical and useful to fulfilling our mission. However, there is a sense of urgency for those of us in the public and not-for-profit sectors to address inequities through systemic change. Therefore, Citi Foundation’s investment will help Neighborhood Housing Services of South Florida to be more flexible, nimbler and to maintain the focus on identifying innovative approaches to our service delivery.

NHSSF will undertake the following strategies in the grant period:

  1. Expansion of the WOW (With Ownership Wealth) initiative, adding Homebuyer Clubs and Peer Learning Platform with a goal to increase our Black homeownership rate by 5% each year over 4 years;
  2. Ramp up NHSSF Financial Capacity program to work intensively through financial coaching for persons who require 3 or more months of coaching, education, and training; Increase credit scores to 640, increase savings by 15%, and decrease personal debt by 35%;
  3. Continue growing NHSSF CDFI and deploying recently allocated funds for Down Payment Assistance to families at or below 80% of AMI;
  4. Offer solar resiliency and energy efficiency loans to LMI homeowners so that families may withstand the property damage and family displacement due to climate change, natural disasters, and extreme weather events. These lending programs will benefit homeowners by allowing them the benefits from cost saving green measures, increased property values and thereby the ability to build home equity.

 

“Neighborhood Housing Services of South Florida is honored to be among the 50 organizations around the nation in the latest expansion of the Citi Foundation’s Community Progress Makers initiative. With this unrestricted grant, NHSSF continues to work to shorten the distance between low wealth residents and economic opportunity.  We have ambitious goals and deliverables for 2022, and the Citi Foundation’s recognition and generosity along with the peer learning exchanges will set the foundation for NHSSF to deliver empowering services to the South Florida communities we serve. On behalf of the NHSSF Board and Staff, we thank and salute the Citi Foundation,“ said Kimberly T. Henderson, President & CEO of Neighborhood Housing Services of South Florida.

The newest cohort of Community Progress Makers includes 50 leading nonprofit organizations selected through a competitive Request for Proposals process, with a strong track record of supporting underserved communities across six U.S. cities: Chicago, Los Angeles, Miami, New York City, San Francisco Bay Area and Washington, D.C. The Citi Foundation will provide a supportive learning community through which grantees can connect to share best practices and strengthen their work as social change agents. Technical assistance will also be provided by the Urban Institute to help measure the cohort’s impact and progress.

“Six years ago, the Citi Foundation launched Community Progress Makers with a vision of empowering community leaders to grow their transformative impact through unrestricted, trust-based funding,” said Brandee McHale, Head of Community Investing and Development and President of the Citi Foundation. “This kind of approach and support is more important than ever as the U.S. continues to address the root causes and impacts of income and wealth inequality. Through the Community Progress Makers initiative, these social innovators and advocates can continue to look for new ways of addressing long-standing societal challenges at scale.”

 

From 2015 to 2019, the Citi Foundation has provided $40 million in multi-year, unrestricted funding to 72 Community Progress Makers, helping to place over 45,000 people in affordable housing, train over 33,000 people for employment, save over $10 million in energy costs, and expand over 12,000 small businesses.

Miami organizations listed in 2021 Community Progress Makers are:

  • aire ventures
  • Community Justice Project
  • Health Foundation of South Florida
  • Miami Workers Center
  • Neighborhood Housing Services of South Florida
  • Solar and Energy Loan Fund, Inc. (SELF)
  • YWCA of Greater Miami Dade

For more information about Community Progress Makers, please visit: www.citifoundation.com/cpm

Proud to be one of Citi Foundation's Community Progress Makers

 


About NHSSF

Established in 1978, NHSFF is a certified Community Development Finance Institution (CDFI) and an accredited community development nonprofit serving South Florida residents for over 40 years. NHSSF is committed to advance prosperity for all South Floridians through Lending, Real Estate Sales, Housing Development, Home Buyer Education & Counseling, and Community Transformation. NHSSF is also a chartered member of the NeighborWorks® America. In this capacity, we are part of a nationwide network of over 240 chartered community development organizations and one of the twenty that serve Florida residents. NHSSF provides its full spectrum of homeownership services in English, Creole, and Spanish to assist potential homebuyers in reaching their homeownership goals. For more information, visit www.nhssf.org.

About the Citi Foundation

The Citi Foundation works to promote economic progress and improve the lives of people in low-income communities around the world. We invest in efforts that increase financial inclusion, catalyze job opportunities for youth, and reimagine approaches to building economically vibrant communities. The Citi Foundation’s “More than Philanthropy” approach leverages the enormous expertise of Citi and its people to fulfill our mission and drive thought leadership and innovation. For more information, visit www.citifoundation.com.

Contact
Juan C. Gordillo | (786) 237-2122 | juang@nhssf.org


Thank you for Housing the Future with us!

Thank you for Housing the Future with Us!

We want to thank all of you who attend the Miami-Dade County Homeowner and Homebuyer Expo 2021 – Housing the Future Together!

 

We had a wonderful time learning alongside you:

  • 311 prospective homebuyers viewed the Homebuyer Workshop in English
  • 68 residents participated in the Lender’s Roundtable
  • 1,576 booth visits
  • 1,998 documents clicked
  • 1,450 videos viewed
  • 173 active visitors at the Expo throughout the day

 

Thanks again to our esteemed guests Mayor Daniella Levine Cava and Elizabeth Owens – in the representation of District 2 Commissioner Jean Monestime.

Another huge thank you to Miami Dade County Department of Public Housing and Community Development for their support and to all of our sponsors for their generosity: City National Bank, Bank of America, JP Morgan Chase & Co, TD Bank, Universal Property Insurance, Citi Bank, Iberia Bank – First Horizon Foundation, and Santander Bank.

And last but not least, a big shout out to all of our vendors and panelist. Without your expertise and commitment, this wouldn’t have been possible!

 

The Housing the Future Together Expo generated an abundance of information, which we are inviting you to take advantage of. Come back to the venue, log in thru the REGISTRATION PAGE.

and see if there’s a session you missed or a booth you forgot to visit.

In case you couldn’t attend the live event due to earlier commitments or activities, you still can enter the venue thru the REGISTRATION PAGE

and access 18 sessions recorded on the live day, as well as visit the booths of all participating vendors – at your own pace and from the comfort of your home.

 

This is what some attendees said about the event:

“I enjoyed everything”

“My favorite session was the Lenders’ Roundtable”

“The savings management session (Mo’ Mo’ Money – provided by City National Bank) was my webinar of choice”

“Chatting with providers, and attending the webinars”

“Seeing all what vendors have to offer [at their booths]”

“The informative session on the mortgage process”

 

REMEMBER, you have till November 29 to access the Virtual Homeownership & Homebuyer Expo 2021.


Virtual Housing Fair on October 30

Miami-Dade County Homeowner & Homebuyer Expo to Help Residents Achieve Homeownership

NHSSF together with Miami-Dade PHCD Announce Virtual Homeowner & Homebuyer Expo – Housing the Future Together! Presented by JPMorgan Chase Bank, Bank of America, TD Bank & Universal Property and Casualty Insurance Company

 

MIAMI, FL (September 20, 2021) – Today, Neighborhood Housing Services of South Florida (NHSSF), announces the Virtual Homeowner & Homebuyer Expo – Housing the Future Together! In partnership with the Miami-Dade County department of Public Housing and Community Development (PHCD), this consumer-oriented housing expo will offer Miami-Dade County residents a wide range of informational workshops and a vendor exhibit under two learning tracks; a Future Homebuyer track that will provide valuable resources to help put prospective homebuyers on the right path and a Current Homeowner track that will give existing homeowners the tools they need to uphold their investment. The virtual event, created to promote economic recovery following the Covid-19 pandemic, will take place on Saturday, October 30, 2021, from 9:00AM to 5PM EST. Registration is free and open to the public.

“We are thrilled to be cohosting this event with the Miami-Dade County PHCD,” says Kim Henderson, President & CEO of NHSSF. “This is the first time we are offering two different learning tracks in order to better serve our community. Whether you’re working toward buying a home or looking to protect your existing home, this event has something to offer. Attendees will have the opportunity to participate in valuable, financial workshops and shop from over 7 lenders and 23 vendors all under one virtual roof,” continued Henderson. “By educating our residents about the resources available to them, we are empowering them to become responsible homeowners.”

Building on the success of previous housing fairs, the goal of this event is to help inform low to moderateincome residents about the home buying process and put them on the path to homeownership. The Expo will offer a variety of learning opportunities through a series of workshops guests can elect to participate in. Among these will be a First Time Homebuyer’s Workshop that will provide participants with an HCA First Time Homebuyer Certificate. Obtaining this certificate through a HUD-certified housing counseling agency is required to qualify for government sponsored down payment assistance and to acquire a loan from a community lender. It is also a great way for first-time homebuyers to learn more about the homebuying process. The class will be offered in English, Spanish and Haitian-Creole. Other standout workshops include the Realtor’s Roundtable and the Lender’s Roundtable where participants will hear from industry experts about the best opportunities available to them in today’s market. For homeowners, there will be educational sessions about how they can incorporate more environmentally friendly features into their home renovation plans, as well as live demonstrations on solar panel installation, DIY home repair, gardening, energy efficiency improvements, etc.

Register for the free Virtual Housing Fair

Saturday October 30 from 9:00 AM to 5:00 PM

Below is a list of confirmed workshops. All sessions are subject to change.

Future Homebuyer Track:

  • Understanding the Home Buying Process
    • HUD Certified Homebuyer Workshop offered in English, Spanish and Creole (participants to receive HCA First Time Homebuyer Certificate)
    • It’s Great to Be Home – Helping you decide if you’re ready to buy a home
  • Real Talk from Real Lenders – A discussion of CRA loan products
  • Down Payment Assistance Roundtable – Discussion of available programs city and county wide
  • Real Estate Roundtable – Find a home in a competitive market

Current Homeowner Track:

  • Housing-Related Info Session (60 min.)
    • Keep Your Home Safe – Everything you need to know about buying the right homeowner’s insurance
    • Save Money by Going Green – How to go green in your home and save money while doing it
    • Protect Your Home Against Flooding & Heat – Actions you can take to protect your home
    • Solar From Your Neighbor – The benefits of going solar
    • Energy & Water Use – The importance of conservation

 

In addition to the above, all participants will be able to visit a virtual Vendors Exhibit Hall of more than 23 exhibitors including a variety of lenders, realtors, housing counselors, government agencies, insurance providers and other service providers that can offer tools such as government sponsored down payment assistance, community lending programs, refinancing opportunities, energy & water efficiency, etc. Attendees will be able to obtain information about services and products first-hand through a real-time chat feature activated on each exhibitor’s virtual booth. Exhibitors include: Bank of America, JPMorgan Chase, TD Bank, Citi Bank, IBERIABANK – First Horizon, Santander Bank, Universal Property and Casualty Insurance Company, Freddie Mac, Solar United Neighbors, Miami-Dade County PHCD, Miami-Dade County Water & Sewer Department, Miami-Dade County Office of Resilience and Miami-Dade County Economic Advocacy Trust among others.

“The Miami-Dade County Homeowner and Homebuyer Expo is a crucial part of our county’s response to the impact the COVID-19 pandemic has had on our residents. It’s a way for us to help our community recover and maintain housing stability,” says Michael Liu, Director of the Miami-Dade department of Public Housing and Community Development (PHCD). “Residents looking to educate themselves about the home buying process or that need assistance with major obstacles such as how to qualify for community lending programs or down payment assistance will find this event incredibly helpful. We cannot wait to welcome our community,” continued Liu.

Registration for the Virtual Homeownership & Homebuyer Expo is required and now open. Residents must visit https://housing-the-future-together-expo.vfairs.com to register and for more information.

 


 

About PHCD

As one of the top-ten largest housing authorities in the nation, Miami-Dade Public Housing and Community Development manages over than 7,000 public housing apartments and provides housing assistance to more than 18,000 families through the federal Section 8 program. PHCD also provides support services to our residents including assisted living facilities for the elderly and self-sufficiency programs for our tenants. PHCD relies on federal and state grant programs for funding and works with the U.S. Department of Housing and Urban Development’s (HUD) on our public housing and, with the State of Florida, the development of affordable housing.

About NHSSF

Established in 1978, NHSFF is a certified Community Development Finance Institution (CDFI) and an accredited community development nonprofit serving South Florida residents for over 40 years. NHSSF is committed to advance prosperity for all South Floridians through Lending, Real Estate Sales, Housing Development, Home Buyer Education & Counseling, and Community Transformation. NHSSF is also a chartered member of the NeighborWorks® America. In this capacity, we are part of a nationwide network of over 240 chartered community development organizations and one of the twenty that serve Florida residents. NHSSF provides its full spectrum of homeownership services in English, Creole, and Spanish to assist potential homebuyers in reaching their homeownership goals.