2017 was a banner year for NCALL and we share a sincere thank you to all of our stakeholders, funders, and customers for enabling NCALL to catalyze dramatic affordable housing and community development impact throughout Delaware and Delmarva. It is rare when all lines of business excel showing marked increases over the previous year, which was already great.
2017 was a year with strong synergy - coupling model governance by the Board of Directors; leadership from staff directors with fully engaged employees at all levels; products and services that clearly address household and community needs; and funders and investors that trust us to deliver, deploy and address the demand.
NCALL's Consumer Services reached more people than ever, empowering thousands throughout Delaware to life-changing outcomes, including 278 first-time homebuyer closings, 187 families facing foreclosure having positive outcomes, and 1,472 new $tand by ME financial coaching customers working to achieve financial goals.
Real Estate Development has readied two major apartment complexes (Village of St. John and Our Lady of Grace) for construction and within the Restoring Central Dover footprint, building lots were acquired and two new homes were completed and sold, with more on the way.
The Loan Fund deployed $25.7 million in 25 loans throughout Delmarva, creating 24 affordable housing units, 100 special needs beds/rooms, and 146,800 SF of community facilities and 70,900 SF of commercial/retail development.
The Self-Help Team assisted new and operating grantees in the northeast region with all aspects of building and renovating homes while providing increased T&MA services including a new "Understanding Credit" training module for grantees and participants.
Restoring Central Dover implemente4d its successful Lights On Dover Strong initiative lighting up 200 homes, held an "Arts Convening" with the Dover arts community, and the Steering Committee oversaw the strong work of the Housing, Safety, Resident Engagement, Economic Development, and Transportation/Green Space workgroups with more projects than ever.
These accomplishments don't happen in a vacuum, and we are thankful for the opportunity to work together with you to make a difference. We are pleased NCALL can be the spark that results in so much. Best wishes for 2018!
Joe L. Myer