NeighborWorks America committed a total of $576,500 to support several of HDF’s initiatives. The first is $12,500 in expendable funds to support HDF’s ShoreUp program, which provides financing for property owners in coastal municipalities located in Flood Zones VE or AE to finance or refinance property elevations.  In addition, $450,000 will support HDF’s Lending Line of Business Capital Program, which aims to make affordable housing development not only a possibility, but also a smart and compelling business choice for Connecticut’s private and nonprofit developers. NeighborWorks America has also committed $110,000 in expendable organizational underwriting funds that will support operational program costs as well as a $4,000 bonus to support HDF’s counseling services.

NeighborWorks America is a longtime supporter of HDF and continues to be one of HDF’s most important partners in it’s efforts to address the needs of its clients using progressively innovative programs.