Neighborhood Development Foundation (NDF) is one of New Orleans' greatest success stories and the key to a rewarding and productive life for many low and moderate-income families.
The Mission of the Neighborhood Development Foundation is to educate and assist low and moderate-income families to become homeowners.
NDF is a non-profit organization that helps people through the home buying process. The Foundation has been providing straight talk and sound advice to people who register in its homeownership programs. NDF implements this through training, counseling, and facilitating financing by lenders in the New Orleans banking industry.
NDF clients buy both newly constructed and renovated homes. The programs also help families purchase the home they thought they could never afford by showing them how to use their resources in a different way. The staff at Neighborhood Development Foundation helps families structure financing for a variety of home purchases, and their work has had life-long impact on over 1,000 homeowners in our area.
WHAT WE DO:
Interview and prequalify you before you apply to a lending institution for a mortgage.
Calculate your expenses and income to determine how much you can afford to pay for a house.
Provide home buyer education in a three week, 12 hour training course that teaches what you need to know about buying a home.
Counsel you along each step towards becoming a homeowner.
Assist in the inspection process and estimating necessary repairs.
Consult with you and lending institutions to determine the best financing available.
Provide direct financial assistance to eligible families when available.
Partner with Associated Neighborhood Development (AND) to construct decent "affordable" housing.
Facilitate the mortgage process and provide support during the act of sale.
Provide education on the management of real estate as a business.
NDF was established in September 1986 as a 501(c)(3) non-profit organization with seed money provided through the John M. and Holley Pavy DeBlois Foundation. This organization is founded on the belief that decent affordable housing is essential to the physical and emotional health, productivity, and self-esteem of an individual.
NDF provides counseling, education, homebuyer training, advocacy, and pre and post homeownership acquisition services to low and moderate-income individuals and families. The organization's goal is to assist a minimum of 100 individuals per year in achieving homeownership.
NDF works through public and private partnerships that include community groups, businesses, industry, faith based organizations, corporations, other non-profits, and City, State, and Federal governments.
FUNDING
NDF relies on the generosity of the philanthropic, government, and business communities to finance its program operations. Other operational fees are generated from service fees, service contracts, consulting fees, fundraising events, and individual donations. |