A Tangled Web of Housing Grants

Since 1978 "NeighborWorks has been helping create opportunities for homeownership through NeighborWorks® America, local NeighborWorks organizations and Neighborhood Housing Services of America." Considering the amount of money they've been pulling down, I'm surprised anyone is left to recruit for the program! Just teasing. The money goes to fund their offices and salaries just as in most government programs.

Why, just last year NeighborWorks received a big chunk ($180 million) of the $360 million funds appropriated by Congress for 2008 to increase the availability of foreclosure counseling services across the country, and they're getting another $180 million from the newest bailout. Grants are being made to fund foreclosure counseling and legal assistance to homeowners at risk of foreclosure to housing counseling intermediaries approved by the U.S. Department of Housing and Urban Development. Of course, if you sign up to take one of their classes so you can counsel people in foreclosure who were probably counseled by one of NeighborWorks home ownership counselors, you'll have to pay over $1,000 to take the class. It's only $610 to learn how to prequalify potential buyers. Who knows where the $360 million goes--the courses certainly aren't free--maybe to pay your salary after you become a counselor?

And look who helps NeighborWorks--research and input from ACORN, and La Raza, the militant organization that wants to return our southwestern states to Mexico is on their Advisory Board. Not that advocacy groups like NeighborWorks much. Seems to be a parting of the ways when slicing and dicing the poorer communities.

And you should see the career opportunities in this organization. Big time. I don't know how many poor get into homes, but there are bunches of high level administrative jobs for bureaucrats like DIRECTOR OF FINANCE & ADMINISTRATION, Senior Corporate Partnership Development Manager, and PRESIDENT/CEO! And you can work in the nice trendy suburbs of DC (except for that one with the Navajos--you need to go to NM and have a brokers license).