Home Headquarters Receives $100,000 Grant from NeighborWorks America to Help Strengthen Auburn and Binghamton Communities

Washington, DC - November 16, 2009 - (RealEstateRama) — NeighborWorks America today announced that it awarded a special $100,000 grant to Syracuse-based Home HeadQuarters, Inc., a member of the national NeighborWorks network, to help the organization expand its community stabilization work to the Auburn and Binghamton communities.

Home HeadQuarters was recently named the top producing agency in rehabilitating homes during the last fiscal year, having led all of the 240-plus organizations in the NeighborWorks network by rehabilitating and improving almost 900 homes for Central New York homeowners. The NeighborWorks America grant announced today helps Home HeadQuarters continue to broaden its work into communities that have been hard hit by the national foreclosure crisis and years of disinvestment, enabling it to bring vacant housing back into productive use and stabilize neighborhood home values.

“We’re ready to get moving with the help of this grant from NeighborWorks America,” said Kerry Quaglia, executive director of Home HeadQuarters, Inc., “This money will help advance our on-going planning and revitalization efforts throughout Central and Upstate New York with a special emphasis on the cities of Binghamton and Auburn.”

“The work that Home HeadQuarters has done in other communities is impressive and we look forward to working with them on improving the housing stock here in the City of Auburn,” said Auburn City Mayor, Michael D. Quill. “We welcome their housing and community development expertise and look forward to working with them.”

“Home HeadQuarters has played an important role in our efforts to revitalize our neighborhoods,” said Matthew T. Ryan, mayor of the City of Binghamton. “This new grant will allow the organization to expand their important work even further.”

The grant to Home HeadQuarters is one of five grants totaling $550,000 that NeighborWorks America recently made to NeighborWorks organizations.  The other grants were made to: NeighborWorks Western Pennsylvania ($100,000); NeighborWorks Homeownership Center, Sacramento Region ($150,000); Community Development Corporation of Long Island ($100,000), and Cabrillo Economic Development Corporation ($100,000). All of the grants are aimed at stabilizing communities in the wake of the national foreclosure crisis through the delivery either of increased foreclosure counseling services, housing rehabilitation or mortgage lending programs.

About NeighborWorks America
NeighborWorks America creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. Since 1991, we have assisted nearly 1.2 million low- to moderate-income families with their housing needs. Much of our success is achieved through our support of the NeighborWorks network ― more than 230 community development organizations working in more than 4,400 urban, suburban and rural communities in all 50 states, the District of Columbia and Puerto Rico. In the last five years, NeighborWorks organizations have generated more than $15 billion in reinvestment in these communities. NeighborWorks America is the nation’s leading trainer of community development and affordable housing professionals.

Contact:

Douglas Robinson, 202-220-2360, drobinson (at) nw (dot) org
Karen Schroeder, Home Headquarters, Inc., 315-474-1939, ext 249



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