Community Neighborhood Housing Services, Inc

Street Address:
35 West Water Street
St. Paul, MN 55107


Phone: 651-292-8710
Fax: 651-292-0473
Website: www.communitynhs.org

Cynthia Paulson, Executive Director

Contact Name: Denise ` Gathman
Phone: 651-292-8710x214
Fax: 651-292-8711
Email: dg@communitynhs.org


Staff Size: Full Time: 7 

Background
CNHS offers a full package of homeownership services to the neighborhoods of St. Paul Established in 1981, CNHS promotes community development through education and affordable housing programs in the neighborhoods of St. Paul. Its programs include first mortgages, purchase with rehab loans, refinance with rehab loans, home-improvement loans, homebuyer education, counseling services and technical construction and financial assistance. Recently, CNHS has expanded its education and first mortgage programs to be available throughout the 7 county metro area. Since 1981, CNHS has assisted more than 8,650 families through direct loans, consultation and technical assistance. In 2002 alone, CNHS helped 126 clients purchase homes, managed or facilitated 66 home rehabilitations, and educated or counseled 533 clients. A recent study by the Neighborhood Reinvestment Corporation (NR) stated that the local investments generated by CNHS from 1998 through 2002 resulted in $72.5 million in economic benefits to homebuyers, lenders, real estate and home-supply businesses, local governments, and more.

Mission
The mission of Community Neighborhood Housing Services is to promote community development through education and affordable housing programs in the communities it serves.

Total Operating Expense (9/30/2007): $850,363

 Lines of Business
  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Campaign for Home Ownership

    • Accomplishments in FY 2008
  • Provided 399 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 35 rental or owner occupied units (1-4 units).
  • Assisted 52 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 0 rental units.
  • Invested $457,883 in the community through Community Neighborhood Housing Services, Inc's revolving loan fund, which leveraged $8,795,525 from conventional lenders and other sources.
  • Total direct investment in the community is $9,253,408.

    • Additional Accomplishments
    Date Additional Accomplishment
    1/17/2001 CNHS is certified by the U.S. Department of the Treasury as a Community Development Financial Institution (CDFI).
    1/17/2001 Originates the Minnesota Housing Financial Agency's mortrgage programs in an innovative demonstration project.
    6/30/2005 Communiy NHS became and approved HECM Counseling Agency.

    Community Services
  • Financial Planning and Assistance

  •  Down-payment Assistance


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Ini AugustineBoard MemberOtherPro Vison Staffing Group 
    Randy HeltemesBoard MemberBusinessTitle OneVice President of Closing
    Rebecca LandonBoard PresidentOtherPonterre Group, LLCConsultant
    Tasha MerrittBoard TreasurerBusinessEdina RealtyRealtor
    Paul MordorskiBoard MemberLocal GovernmentCity of St. Paul, PEDProject Manager
    Eric MorschingBoard MemberBusinessReal Estate MastersRealtor
    Kia MouaBoard MemberOtherSaint Paul Public Schools 
    William PatientBoard TreasurerFinancial InstitutionCherokee State BankCompliance Officer
    Mark ThorkildsonBoard MemberFinancial InstitutionAmerican Bank - St. Paul 
    Steve WallinBoard Member  

    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