Industry News

Faith-based home ownership program launched

Nehemiah celebrates decade in business

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Nehemiah Corp. of America, a private home ownership down-payment assistance provider, today marked the company's 10th anniversary as a non-profit affordable housing organization. Since its inception in 1994 by a small Baptist church in Sacramento, Calif., Nehemiah has evolved into one of the largest providers of affordable home ownership and housing solutions for low- to moderate-income families, having given out nearly $675 million in down payment assistance, $30 million in community development loans and investments and granting nearly $5 million to charities nationwide. To commemorate the company's 10 years of contributions, and to further its mission to assist lower income families face their housing needs, the Nehemiah Urban Ministry Initiatives (NUMI) today launched a pilot faith-based home ownership education initiative in partnership with the Chicago-headquartered Christian Community Development Association, which works with more than 600 churches and faith-based organizat...