Trump Administration’s proposed budget would defund NeighborWorks America

President Donald Trump’s federal budget proposal calls for dramatic cuts to domestic programs, slashing funding to 19 independent federal agencies, and the complete defunding of the Neighborhood Reinvestment Corporation, also known as NeighborWorks America.

NeighborWorks America is a congressional chartered nonprofit organization that supports community development across the nation and provides access to home ownership and affordable housing. CommunityWorks North Dakota, a part of the Lewis & Clark Development Group, is North Dakota’s only NeighborWorks chartered organization.

 
In response to the president’s budget proposal, NeighborWorks released the following statement:

The NeighborWorks America model is an example of successful public-private partnership with
a decades-long track record.

In fiscal year 2016 alone, NeighborWorks America financial and technical support provided to more than 245 nonprofit businesses that comprise the NeighborWorks network has: 

 

– Maintained or created 53,000 jobs
– Created more than 21,000 new homeowners
– Assisted 360,000 families with affordable housing
– Repaired more than 55,000 homes, and
– Provided counseling and financial education to more
than 116,000 people

Investment by NeighborWorks America into these nonprofit organizations is leveraged with other capital from the private sector, delivering billions of dollars of overall economic impact annually and adding to the security of rural, urban, and suburban communities across America.

“Presidents propose and Congress disposes,” is an iron-clad rule of federal budget-making. This is important to remember when considering that President Trump’s proposed budget is just that – a proposal.

Over the years, Lewis & Clark Development Group has developed a close relationship with U.S. Senators Heidi Heitkamp and John Hoeven, both of whom have supported NeighborWorks’ mission and defended funding for the organization. 

Last month, Brent Ekstrom, LCD Group executive director, traveled to Washington and met with Senator Heitkamp and Senator Hoeven’s staff. Ekstrom discussed LCD Group’s work on affordable housing across the state and emphasized NeighborWorks’ importance to North Dakota. 

We will keep you informed of any other developments regarding the Trump Administration’s proposal.

 
Credits: NeighborWorks America; HousingWire