Community Impact
Impact Since Our Beginning
- NCALL passed it's 6,500th homeowner closing in 2009, having
leveraged over $705 million in attractive mortgages.
- NCALL has helped develop 47 multi-housing communities on
the Delmarva Peninsula.
- NCALL has assisted Self-Help Housing Grantees throughout
the Northeastern United States leverage over $57.2 million in
USDA Section 523 operating grants.
- NCALL's Loan Fund has originated and underwritten 100 loans,
which provided over $31 million in housing and community
development financing for the Delmarva Peninsula.
- Overall, NCALL has leveraged over $834 million in financing
for affordable housing and community development.
FY 2009 Accomplishments
- NCALL's Loan Fund originated, underwrote, and approved
6 community development loans valued at $3.4 million
using our own and participating capital.
- Counseled and assisted 175 first-time homebuyer closings,
leveraging over $30 million in attractive conventional
and Rural Development mortgages and
over $1 million in down payment and settlement assistance.
- Fielded 704 foreclosure prevention inquiries, had 604 workshop
attendees, and counseled 315 households, with 57 retaining
their homes while others work through the loan modification
process. Over $11 million in mortgages were saved through
this program.
- Educated 172 people participating in Growing Your Money
financial literacy classes, with 127 graduates.
- Assisted 15 Mutual Self-Help Housing grantees that closed
85 homeownership loans resulting in an average sweat
equity savings of $33,580 per home.
- Provided technical assistance in the production of two
multi-family apartment communities totaling 38 units in
Exmore, Virginia. Additionally, the renovation of two
homes took place in Claymont, Delaware.
- NCALL was a top homeownership producer in Delaware and the
Mid-Atlantic District within the NeighborWorks America®
network. NCALL also ranked in the top 10 nationwide in a
number of production categories, while maintaining an
Exemplary rating.
- Took important steps to become a green organization by conducting
a green audit, naming a staff representative, recruiting a
Board member with energy/green background, adding green
components to out business plan, conducting related staff
training, installing renewable solar energy to our Dover office,
and being recognized by NeighborWorks America® for our efforts.
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