nphs

Thanks to critical funding from NeighborWorks America, nphs —along with other NeighborWorks organizations across the country—is helping scale the supply of affordable #homeownership. This national support has been essential to advancing innovative, community-rooted housing solutions. In the Inland Empire, nphs is building on the success of its infill development projects, with twenty-five more homes underway and rural expansion focused on creating and preserving affordable #homeownership. Check it out: https://lnkd.in/gNHuyMnZ

Last week, nphs joined fellow housing champions in meeting with our congressional representatives to advocate for affordable housing solutions. It was inspiring to witness bipartisan support for NeighborWorks America and the critical role that #CDFIs like ours play in increasing the supply of affordable housing and financing programs that create homeownership opportunities. #NeighborWorksWorks

Our CEO Clemente Arturo Mojica Jr. and Policy and Impact Intelligence Associate Ryan Sears were in Sacramento this week, alongside members of the California Coalition for Community Investment CCCI advocating for state investments in Community Development Financial Institutions (CDFIs). #CDFIs offer vital affordable financing programs that benefit our communities. #CommunityDevelopment #AffordableFinancing

Community Development Financial Institutions (CDFIs) are a driving force behind expanding affordable housing and driving small business growth - two pillars of a thriving economy. Lawmakers from across the political spectrum recognize the essential role CDFIs play in increasing homeownership opportunities, financing affordable housing developments, and empowering small businesses with capital to grow. That is why the latest Executive Order (EO) is so disheartening. If the administration is serious about policies that uplift American families, expand access to lending, and promote financial stability, then they must reconsider the EO. CDFIs directly support the administration’s goals of fostering free-market growth and reducing regulatory burdens on households and entrepreneurs. Through innovative financial products and services, our industry has helped millions of Americans boost their credit scores, access homeownership and small business financing, and build long-term financial resilience. The Policy and Advocacy team at NPHS is actively working with Congressional leaders, federal agencies, and private-sector partners to strengthen support for the CDFI Fund and push for a reversal of this policy. If you're interested in joining us in this effort, please reach out to Ryan Sears at ryan@nphsinc.org. Together, we can ensure that CDFIs continue driving housing affordability and small business success in communities nationwide.

Thank you CALÓ News, for helping spread the word about the Inland Empire Down Payment Assistance Program! This program provides up to $40,000 to support income-qualified homebuyers purchasing a home in Riverside and San Bernardino Counties. Homebuyers can see if they qualify here: https://nphsinc.org/iedpa/ #InlandEmpire #DPA #downpaymentassistance #homebuying #homebuyers

San Bernardino and Riverside County residents! Join our FREE upcoming Homebuyer Workshop and learn how you can take advantage of up to $40,000 in down payment assistance. Don't miss this free ZOOM workshop on Thursday, March 6th, from 5:30 PM to 7:00 PM! Click here to register: https://lnkd.in/gMxZ89vW #InlandEmpire #DPA #downpaymentassistance #homebuying #homebuyers

Big thanks to the San Bernardino Sun for shining a light on the crucial role of federal funding for local nonprofits! At nphs, we combine federal dollars with private capital to drive forward our affordable housing initiatives. A special shout-out to IEHP Foundation for elevating this important conversation. Together, we're building stronger communities and brighter futures. #AffordableHousing #CommunityImpact #Partnerships #InlandEmpire

nphs’policy work is in action as we advocate for the recovery of manufactured housing (MH) communities devastated by the January wildfires in LA County. Reporter Felicia Mello of CalMatters reached out after seeing a letter we co-authored with the LA Community Land Trust Coalition, ACT-LA, and CACLTN, highlighting the destruction of two mobile home parks in the Pacific Palisades—critical sources of affordability in a high-cost area. With nearly 80% of MH nationwide located in climate hazard zones and many California units built before 1980, these homes face significant risks, yet remain one of the last affordable options for LMI families. If California leaders are serious about equitable disaster recovery, they must invest in modern MH, including through sustained funding for HCD’s Manufactured Housing Opportunity and Revitalization (MORE) Program. This would ensure fire survivors can rebuild with safe, insurable homes—something our state owes to MH communities.

Recently, I was able to share some of the advocacy work that our team at nphs has undertaken in response to the devastating wildfires that rocked LA County in January of this year. Reporter Felicia Mello from CalMatters had seen a letter that we helped author alongside the LA Community Land Trust Coalition (LACLTC), ACT-LA, and the California Community Land Trust Network CACLTN (CACLTN) and reached out to learn more about the letter's mention of manufactured homes (MH) in the Pacific Palisades. As mentioned in her article, the Palisades Fire destroyed two mobile home parks that had been havens of affordability in an otherwise pricey area. Retirees and working-class families were among those who lost their manufactured homes to the Palisades Fire, and whether or not they can rebuild is an as-of-yet-unanaswered question. Much of the answer depends on whether or not the state specifically includes MH park recovery funds in its recovery budgeting. Thankfully, elected officials representing the area, like Senator Ben Allen, are aware of that need. The Urban Institute recently released a report that details how nationwide, nearly 80% of manufactured homes are located in areas at high risk of a wildfire, flood or other climate hazard. Adding to this is the fact that most of the CA's MH were built before 1980 which means that the homes possess unacceptable amounts of carcinogenic and flammable chemicals that put them at even greater risk of property loss during a wildfire. The combination of poor build quality and poor location has unfortunately left MH units as some of the most uninsurable and vulnerable housing in CA. But, in CA, affordable housing is hard to come by and that means that many LMI families accept these risks in order to have a roof over their heads. In Decemeber 2017, ProsperityNOW shared their Manufactured Housing Metropolitan Opportunity Profile which found that 47% of manufactured housing in CA was affordable for LMI households, compared to only 18% of all CA housing. As CA housing prices have surged over the past 7+ years, MH has been further solidified as one of the only viable options for LMI homeowners. This means that when we ignore the problems facing MH communities, we ignore the problems of CA's low- to moderate-income (LMI) communities. If California leaders want to rebuild MH communities equitably and work to prevent disasters like this from happening again, they need to invest in modern manufactured homes. One way they can do this is by consistently funding California Department of Housing & Community Development's Manufactured Housing Opportunity and Revitalization (MORE) Program which helps MH homeowners replace their units with newly-built MH, and which would provide funding for the MH communities lost to the Palisades Fire. For many, the MORE program presents the opportunity to find an insurable and healthy place to live, something our state owes to MH homeowners and communities.

Thank you, NBC News, for spreading the word about the Inland Empire Down Payment Assistance, which provides up to $40,000 to help income-qualified homebuyers purchase a home in Riverside and San Bernardino Counties. Homebuyers can see if they qualify here: https://nphsinc.org/iedpa/