First Foundation Bank Awards $10,000 Grant to Neighborhood Housing Services of the Inland Empire to Support Black Homeownership Program
First Foundation Bank has granted $10,000 to Neighborhood Housing Services of the Inland Empire (NHSIE) to support their Black Homeownership Program, with the Federal Home Loan Bank of San Francisco providing an additional $30,000 in matching funds, totaling $40,000 in investment.
The program aims to increase homeownership opportunities for Black families through:
- Financial education
- Down payment assistance
- Access to affordable mortgage lending options
NHSIE, led by CEO Kailin Scott Peoples, specializes in developing innovative housing solutions and implements shared equity models to preserve long-term affordability. The organization's integrated approach includes property development, financial assistance, homebuyer preparation, and post-purchase support. With over 50 years of experience, NHSIE continues to expand access to homeownership for historically underserved communities throughout the Inland Empire and Southern California desert areas.
First Foundation Bank ha concesso $10.000 a Neighborhood Housing Services of the Inland Empire (NHSIE) per sostenere il loro programma di proprietà abitativa per i neri, con il Federal Home Loan Bank di San Francisco che fornisce ulteriori $30.000 in fondi di corrispondenza, per un totale di $40.000 di investimento.
Il programma mira ad aumentare le opportunità di proprietà abitativa per le famiglie nere attraverso:
- Educazione finanziaria
- Assistenza per il pagamento iniziale
- Accesso a opzioni di prestito ipotecario accessibili
NHSIE, guidata dal CEO Kailin Scott Peoples, è specializzata nello sviluppo di soluzioni abitative innovative e implementa modelli di equità condivisa per preservare l'affordabilità a lungo termine. L'approccio integrato dell'organizzazione include sviluppo immobiliare, assistenza finanziaria, preparazione degli acquirenti di case e supporto post-acquisto. Con oltre 50 anni di esperienza, NHSIE continua ad ampliare l'accesso alla proprietà abitativa per le comunità storicamente svantaggiate in tutto l'Inland Empire e nelle aree desertiche del sud della California.
First Foundation Bank ha otorgado $10,000 a Neighborhood Housing Services of the Inland Empire (NHSIE) para apoyar su Programa de Propiedad de Viviendas para Negros, con el Federal Home Loan Bank de San Francisco proporcionando otros $30,000 en fondos de contrapartida, sumando un total de $40,000 en inversión.
El programa tiene como objetivo aumentar las oportunidades de propiedad de vivienda para las familias negras a través de:
- Educación financiera
- Asistencia para el pago inicial
- Acceso a opciones de préstamos hipotecarios asequibles
NHSIE, dirigida por la CEO Kailin Scott Peoples, se especializa en desarrollar soluciones de vivienda innovadoras e implementa modelos de equidad compartida para preservar la asequibilidad a largo plazo. El enfoque integrado de la organización incluye desarrollo de propiedades, asistencia financiera, preparación de compradores de vivienda y apoyo posterior a la compra. Con más de 50 años de experiencia, NHSIE sigue ampliando el acceso a la propiedad de vivienda para comunidades históricamente desatendidas en todo el Inland Empire y las áreas desérticas del sur de California.
퍼스트 파운데이션 뱅크는 인랜드 엠파이어 이웃 주택 서비스(NHSIE)에 $10,000를 지원하여 그들의 흑인 주택 소유 프로그램을 지원하며, 샌프란시스코 연방 주택 대출 은행이 추가로 $30,000의 매칭 펀드를 제공하여 총 $40,000의 투자를 이루었습니다.
이 프로그램은 흑인 가정의 주택 소유 기회를 늘리기 위해:
- 재정 교육
- 다운 페이먼트 지원
- 저렴한 모기지 대출 옵션 접근
NHSIE는 CEO Kailin Scott Peoples가 이끌고 있으며, 혁신적인 주택 솔루션 개발에 전문화되어 있고 장기적인 저렴함을 유지하기 위해 공유 자본 모델을 구현합니다. 이 조직의 통합된 접근 방식은 부동산 개발, 재정 지원, 주택 구매자 준비 및 구매 후 지원을 포함합니다. 50년 이상의 경험을 가진 NHSIE는 인랜드 엠파이어와 남부 캘리포니아 사막 지역의 역사적으로 소외된 커뮤니티에 대한 주택 소유 접근을 계속 확장하고 있습니다.
First Foundation Bank a accordé 10 000 $ à Neighborhood Housing Services of the Inland Empire (NHSIE) pour soutenir leur programme de propriété pour les Noirs, avec la Federal Home Loan Bank de San Francisco fournissant 30 000 $ supplémentaires en fonds de contrepartie, totalisant 40 000 $ d'investissement.
Le programme vise à accroître les opportunités de propriété pour les familles noires grâce à:
- Éducation financière
- Aide à l'apport initial
- Accès à des options de prêt hypothécaire abordables
NHSIE, dirigée par la PDG Kailin Scott Peoples, est spécialisée dans le développement de solutions de logement innovantes et met en œuvre des modèles d'équité partagée pour préserver l'accessibilité à long terme. L'approche intégrée de l'organisation comprend le développement immobilier, l'assistance financière, la préparation des acheteurs et le soutien après l'achat. Forte de plus de 50 ans d'expérience, NHSIE continue d'élargir l'accès à la propriété pour les communautés historiquement sous-desservies dans l'Inland Empire et les zones désertiques du sud de la Californie.
First Foundation Bank hat $10.000 an Neighborhood Housing Services of the Inland Empire (NHSIE) vergeben, um ihr Programm zur Förderung des Eigentums von Schwarzen zu unterstützen, wobei die Federal Home Loan Bank von San Francisco zusätzlich $30.000 an Matching-Fonds bereitstellt, was insgesamt $40.000 an Investitionen ergibt.
Das Programm zielt darauf ab, die Eigentumswohnmöglichkeiten für schwarze Familien durch:
- Finanzielle Bildung
- Unterstützung bei der Anzahlung
- Zugang zu erschwinglichen Hypothekenkreditoptionen
NHSIE, geleitet von CEO Kailin Scott Peoples, ist auf die Entwicklung innovativer Wohnlösungen spezialisiert und implementiert Modelle für geteiltes Eigenkapital, um die langfristige Erschwinglichkeit zu gewährleisten. Der integrierte Ansatz der Organisation umfasst die Immobilienentwicklung, finanzielle Unterstützung, Vorbereitung der Käufer und Unterstützung nach dem Kauf. Mit über 50 Jahren Erfahrung erweitert NHSIE weiterhin den Zugang zu Wohneigentum für historisch benachteiligte Gemeinschaften im Inland Empire und in den Wüstengebieten Südkaliforniens.
- None.
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Federal Home Loan Bank of San Francisco Matches with an Additional
The impact of this grant is amplified by an additional
"We are deeply grateful for First Foundation Bank's support," said Kailin Scott Peoples, CEO/Executive Director of Neighborhood Housing Services of the Inland Empire. "This investment will help us bridge the homeownership gap and provide families with the tools they need to build generational wealth.”
The Federal Home Loan Bank of
NHSIE works with a network of preferred lenders and leverages its CDFI loan funds to help low and moderate-income families achieve sustainable homeownership. The organization specializes in developing innovative housing solutions, such as factory-built homes, and implementing shared equity models to preserve long-term affordability. NHSIE's integrated approach encompasses property development, financial assistance, homebuyer preparation, and post-purchase support, demonstrating its commitment to building stronger communities and creating pathways to financial stability for underserved populations.
First Foundation Bank's grant is part of its ongoing commitment to foster economic inclusion and support community-based initiatives that create lasting financial stability.
"At First Foundation Bank, we believe in the power of homeownership to transform lives and communities," said Sylvia Figueroa, Director of Community Development at First Foundation Bank. "We are proud to support NHSIE and its mission to create equitable housing opportunities and financial empowerment for Black families in the Inland Empire."
NHSIE has been a cornerstone of providing financial education and affordable housing solutions in the region for over 50 years. Through partnerships with organizations like First Foundation Bank and the FHLB of
The organization is actively involved in building more affordable housing options for low to moderate-income families throughout the Inland Empire and larger
For more information about Neighborhood Housing Services of the Inland Empire and its programs, visit https://nhsie.org/.
About Neighborhood Housing Services of the Inland Empire
Neighborhood Housing Services of the Inland Empire (NHSIE) is a nonprofit organization with over 40 years of experience dedicated to creating affordable housing opportunities and revitalizing communities throughout the Inland Empire region of
Led by CEO/Executive Director Kailin Scott Peoples, NHSIE works with a network of preferred lenders and leverages its CDFI loan funds to help low and moderate-income families achieve sustainable homeownership. The organization specializes in developing innovative housing solutions, such as factory-built homes, and implementing shared equity models to preserve long-term affordability. NHSIE's integrated approach encompasses property development, financial assistance, homebuyer preparation, and post-purchase support, demonstrating its commitment to building stronger communities and creating pathways to financial stability for underserved populations.
Recent projects include the 13th and Berkeley Ave. development in
About First Foundation
First Foundation Inc. (NYSE: FFWM) and its subsidiaries offer personal banking, business banking, and private wealth management services, including investment, trust, insurance, and philanthropy services. This comprehensive platform of financial services is designed to help clients at any stage in their financial journey. The broad range of financial products and services offered by First Foundation are more consistent with those offered by larger financial institutions, while its high level of personalized service, accessibility, and responsiveness to clients is more aligned with community banks and boutique wealth management firms. This combination of an integrated platform of comprehensive financial products and personalized service differentiates First Foundation from many of its competitors and has contributed to the growth of its client base and business. Learn more at firstfoundationinc.com or connect with us on LinkedIn and X (formerly Twitter).
About the Federal Home Loan Bank of
The Federal Home Loan Bank of
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Source: First Foundation Inc.
FAQ
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