ORGANIZATIONAL OVERVIEW

Neighborhood Housing Services of Kansas City, Missouri, (NHS) was organized in 1974 and has been a viable instrument for redevelopment and revitalization since its inception. The organization originated as a result of creative thinking on the part of resident leaders in the 49/63 Neighborhood. During the past three decades the organization has evolved into a 501-C-3 not-for-profit public charity, and was designated and recognized as a Community Development Corporation (CDC) and a Community Housing and Development Organization (CHDO) by the City of Kansas City, Missouri and the U.S. Department of Housing and Urban Development in the early 1980’s. In 1994 the organization also became a charter NeighborWorks Organization (NWO) in connection with NeighborWorks America’s national network of neighborhood-based affiliates.

Our mortgage loan operation’s mission is to become known city-wide as a socially responsible lender and to maximize wealth generation for homeowners in all of our neighborhoods. NHS is also empowered and sanctioned by the State of Missouri as evidenced by our Residential Mortgage License No. 06-1394. We provide mortgage loan assistance for purchasing a home, purchasing and renovating a home, and for renovating and/or refinancing a home.

 

Since 1974, NHS has assisted 1,655 households with various housing needs ranging from minor home improvement financing to comprehensive direct mortgage loan assistance for purchase, purchase with rehabilitation, refinancing, and refinancing with rehabilitation. Additionally, the organization has been directly involved in the development of well over $109 million in real estate construction and renovation. These real estate activities have involved single-family redevelopment as well as multi-family complexes such as Squier Park Town Homes, Parkway Apartments, and Justin Place Apartments.

 

Product Line

# Units

Capital Investment

Purchase and Refinance w/Rehab Loans

684

$58,726,169

Exterior Home Improvement Loans

162

$1,552,635

Owner-Occupied Rehabilitation Management

502

$16,339,749

Single-Family Housing Stock Redevelopment

126

$11,936,397

Multi-Family Redevelopment

181

$20,650,000

Total Housing Development Assistance

1,655

$109,204,950

 

The organization has expanded its focus over the past several years and now provides targeted community lending and real estate market revitalization services in each of the following neighborhoods: 49/63, Beacon Hills, Center City, Hyde Park (South), Hyde Park (North), Longfellow, Manheim Park, and Squier Park. Additionally, in 2006, the organization expanded its mortgage banking product lines city-wide within Kansas City, Missouri.

 

 

PRODUCTS, PROGRAMS AND SERVICES

 

NHS is engaged in a wide range of services and programs for all income levels, both within its targeted communities and throughout the City of Kansas City, Missouri. Specific products/programs include: mortgage loans for purchasing and renovating homes; home buyer education; mortgage loans for refinancing and renovating homes; debt consolidation loans; exterior home improvement loans; construction of new homes for sale; renovation of existing homes for resale; rental housing ownership and management; and various neighborhood assistance programs.

 

MISSION

 

To revitalize and maintain designated urban neighborhoods as vibrant areas that attract people who value diversity, historic architecture, security and community

 

VALUES
  • Inclusive to all Ethnic and Economic Backgrounds
  • Quality Housing that is Affordable for all Income Levels
  • Interaction with Mutual Respect

TARGET AREA GOALS

  • Attract New Residents to the Area
  • Develop and Maintain Self-Supporting Communities
  • Sustain the Current Resident Base
  • Strengthen Market Recognition

MORTGAGE BANKING GOALS

  • Become Known City-Wide as a Socially Responsible Lender
  • Expel Predatory Lending Practices
  • Maximize Wealth Generation for Homeowners in All of Our Neighborhoods

OBJECTIVES

  • Owner-Occupied Single-Family Financing and Rehabilitation Assistance
  • Single-Family Rehabilitation and Redevelopment
  • Multi-Family Development and Asset Management

GOVERNANCE

A fifteen member Board of Directors and the President/CEO manage the corporation. Eight of the Board Members are residents of the targeted neighborhoods, six are business leaders, and one is a representative of the public sector. The organization has seven full-time staff members. The office is located at 5835 Troost in Kansas City, Missouri. For more information about NHS, call (816) 822-7703.