Joe Myer, Executive DirectorDear Friends,
2016 was a historic year for NCALL as we celebrated 40 years of affordable housing and community development work in Delaware and Delmarva. A special celebration was held in October to take stock of the amazing accomplishments. A booklet and video were produced to share the good work and strong testimony. You can see the video on NCALL's Youtube Channel.
2016 saw our lines of business continue to excel. The Loan Fund continued in growth mode closing 32 loans for $20.4 million and reaching an aggregate $95 million loaned for affordable housing, community facilities, and revitalization projects since 2004. Real Estate Development enjoyed another low income housing tax credit (LIHTC) award, this time for Ministry of Caring’s “Village of St. John” apartments in Wilmington and construction began on our first for-sale homes in Central Dover. Consumer services assisted thousands of people, reaching new heights with a record 258 first-time homebuyer closings, significant $tand by ME financial coaching in venues throughout Kent and Sussex Counties, and 114 positive outcomes for foreclosure prevention helping people through a crisis. NCALL launched its Credit Smart Financial Capability training this year as income inequality remains a huge challenge. The Self-Help Team nurtured several new grantees in the Northeast Region this year and continued to increase T&MA services provided. Restoring Central Dover is implementing its revitalization strategies and community building and engagement work through the Housing, Safety, Resident Engagement, Economic Development, Youth and Adult Services, and Transportation/Green/Open Space work groups.
We hope you will enjoy the stories in our 2016 Annual Report which articulate the meaning and heart of NCALL. They are inspirational and show how lives are changed and challenges are overcome.
40 years of impactful work with community and nonprofit partners provides indisputable evidence that the model of a mission-driven nonprofit, with business acumen and a dedicated Board and staff, can make a difference far greater than the sum of its parts.
Board of Directors demonstrated strong governance this year and undertook Strategic Planning in September with a two-day retreat yielding ambitious goals and direction for 2017 – 2019, along with an updated mission. Four new Board members join NCALL in 2017 and Randy Kunkle will preside as NCALL’s new President.
Thank you for supporting and partnering with us. Together as friends, customers, funders, investors, or stakeholders, we count it a privilege to do this life-changing work together.
Joe L. Myer