Neighborhood Housing Services of Chicago, Inc.

Street Address:
1279 N. Milwaukee Ave.,
5th Floor
Chicago, IL 60642


Phone: 773-329-4010
Fax: 773-329-4120
Website: www.nhschicago.org

Bruce A. Gottschall, Executive Director

Contact Name: Gloria Henighan
Phone: 773-329-4173
Fax: 773-329-4120
Email: ghenighan@nhschicago.org


Staff Size: Full Time: 111 

Background
Formed in 1975, NHS of Chicago brings about community reinvestment through a partnership of residents, business and government. NHS programs are organized around four major areas of activity: 1) community building through nine neighborhood-based programs; 2) neighborhood lending through Neighborhood Lending Services (the lending arm of NHS and an Illinois residential mortgage licensee), administering loan programs that finance home improvement, purchase, and rehabilitation by directly lending to low- and moderate-income families; 3) real estate development through the NHS Redevelopment Corporation, which buys and redevelops single- and multifamily properties and builds new homes; and 4) home-ownership development through the NeighborWorks® HomeOwnership Center and neighborhood programs, including educational programs and one-on-one counseling.

Mission
NHS of Chicago is a catalyst for productive and responsive partnerships of residents, lenders, insurers, business and government working together to strengthen designated low- and moderate-income neighborhoods by restoring the confidence needed to encourage and sustain housing investment by residents and others who care about improving neighborhoods.

Total Operating Expense (9/30/2007): $18,598,839

 Lines of Business
  • Asset and Property Management

  • Community Building and Organizing

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership
  • NeighborWorks Community Building and Organizing
  • NeighborWorks Multifamily Initiative

    • Accomplishments in FY 2008
  • Provided 1750 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 339 rental or owner occupied units (1-4 units).
  • Assisted 112 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 412 rental units.
  • Invested $35,310,118 in the community through Neighborhood Housing Services of Chicago, Inc.'s revolving loan fund, which leveraged $15,769,031 from conventional lenders and other sources.
  • Total direct investment in the community is $51,079,149.

    • Community Services
  • Financial Planning and Assistance

  •  Down-payment Assistance

  •  Foreclosure Prevention Training

  •  Reverse Mortgage

  •  Tandem Lending

  • Green Building and Home Improvement

  •  Environmental Friendly Building Materials

  •  Home Maintenance Training

  •  Home Safety and Security

  •  Indoor Environment Quality

  •  Lead Poison Prevention

  •  Renewable Energy Resources

  • Housing Programs and Home Ownership Counseling

  •  Home Ownership Center

  •  Home Ownership Counseling

  •  HomeBuyers Club

  •  Housing for Elderly

  •  Rental Housing


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Yasmin T BatesBoard MemberFinancial InstitutionHarris BankExecutive Vice President, Community Affairs & Economic Development
    Thomas P FitzGibbonBoard MemberFinancial InstitutionMB Financial BankExecutive Vice President
    Craig GilmoreBoard MemberBusinessState Farm Insurance CompanyDirector of Urban/Multicultural Markets
    Thomas HarazimBoard MemberFinancial InstitutionNational CitySenior Vice President
    Paul J LopezBoard PresidentFinancial InstitutionPark Federal Savings BankSenior Vice President
    Floyd MinorBoard MemberResident  
    Karen MuchinBoard MemberFinancial InstitutionJPMorgan Capital CorporationEecutive Director
    Allen RodriquezBoard MemberFinancial InstitutionCharter One BankSenior Vice President& Director of Community Affairs
    James SimmonsBoard MemberResident  
    Robert SteeleBoard MemberResident  
    Betty Jo SwansonBoard MemberResident  
    Elizabeth TilmonBoard MemberResident  
    Dave VeurinkBoard MemberFinancial InstitutionTCF BankExecutive Vice President
    Daniel WattsBoard TreasurerFinancial InstitutionPark National BankPresident and CEO
    Beth WitczakBoard SecretaryFinancial InstitutionThe PrivateBankManaging Director, CRA & Fair Lending Officer

    About the NeighborWorks ® Network
    The NeighborWorks® network is a nationwide network of more than 240 community development organizations working in nearly 4358 urban, suburban and rural communities across America. These organizations engage in revitalization strategies that strengthen communities and transform lives. In the last five years alone, NeighborWorks® organizations have generated more than $8.5 billion in reinvestment and helped more than 500,000 families of modest means purchase or improve their homes or secure safe, decent rental or mutual housing.

    NeighborWorks ® America Contact Information
    District:  North Central
    Name:  Diana Mitchell
    Phone:  816-714-1211
    Toll-Free:  800-823-1428
    Fax:  816-714-1291
    Email:  dmitchell@nw.org