In February 2016, NeighborWorks received $122.5 million as a result of the Department of Justice settlement with Bank of America.
NeighborWorks America staff designed and implemented Project Reinvest to “provide housing counseling, neighborhood stabilization, foreclosure prevention or similar programs.” Funding for these activities were made available through an open and competitive process to nonprofits and qualified organizations, with an intent to maximize benefit for communities and individuals impacted by the foreclosure crisis.
Eligible uses of Project Reinvest grants include those efforts designed to:
- Provide down payment lending to low- and moderate-income individuals.
- Promote stabilization and revitalization in areas hit hard by foreclosure.
- Assist individuals in stabilizing their finances, rebuilding credit and establishing savings.
NeighborWorks Grants Portal
View the NeighborWorks America Grants Portal user guide that provides helpful information and tips for accessing the NeighborWorks America Grants Portal.
The Grants Portal is powered by FLUXX and currently supports the following web browsers:
- Google Chrome
- Internet Explorer Version 11+
For the most optimal experience, we recommend using Google Chrome. Download Google Chrome.
For questions about Project Reinvest, email us
For more information, visit the Bank of America settlement site