Torres Presents $300,000 Grant to NPHS to Advance Sustainable Homeownership and Financial Education
Visual
ONTARIO, Ca. – April 14, 2015 – (RealEstateRama) — Today, Rep. Norma J. Torres (D-Pomona) and Neighborhood Partnership Housing Services (NPHS) proudly announced the awarding of $293,000 to advance sustainable homeownership and financial education throughout the Inland Empire. The much-needed funding was provided by NeighborWorks® America to NPHS, a congressionally chartered non-profit community development organization dedicated to revitalizing local neighborhoods through homeownership and wealth building.
Through the grant, NPHS will continue providing a comprehensive range of services to low- and moderate-income families, including home buyer and financial education, foreclosure prevention counseling, down payment assistance, property redevelopment and realty services.
“We are grateful for the support of Congresswoman Torres and NeighborWorks America,” said Clemente Mojica, CEO of NPHS. “These funds will provide thousands of working families with access to critical housing and financial resources.”
With stagnant wages and the continued increase in home prices, many Southern California families have been unable to achieve homeownership and access mainstream financial services. Such economic challenges underlie the need for continued grant funding to Inland Empire communities.
“The work of organizations like NPHS play a vital role in the Inland Empire’s ongoing recovery from the recession and housing crisis,” said Congresswoman Torres. “These additional funds will enable them to continue to provide needed services in our community and help make the American dream a reality for even more Inland Empire residents.”
+