NeighborWorks Home Resources

Street Address:
209 North Union Street
Olean, NY 14779-2001


Phone: 716-373-4100x1
Fax: 715-373-4120
Website: www.nwhomeresources.org

Mark Sabella, Executive Director

Contact Name: Mark Sabella
Phone: 716-373-4100x5
Fax: 716-945-4741
Email: msabella@nwhomeresources.org


Staff Size: Full Time: 4 

Background
Founded in 1982 as one of the first rural NeighborWorks(r) organizations. Rural Revitalization Corporation (RRC) dba NeighborWorks(R) Home Resources provides services to Cattaraugus County, five townships in two adjoining counties, and both Seneca Nation Indian Reservations.

Mission
To provide housing-related resources,educational, and technical services to provide safe, decent and affordable housing.

Total Operating Expense (9/30/2007): $1,543,115

 Lines of Business
  • Asset and Property Management

  • Community Based Economic Development

  • Home Ownership Promotion Services

  • Lending and Loan Portfolio Management

  • Real Estate Development


    • National NeighborWorks ® Programs
  • NeighborWorks Rural Initiative

    • Accomplishments in FY 2008
  • Provided 18 families with pre- and post- purchase housing counseling.
  • Rehabilitated or repaired 31 rental or owner occupied units (1-4 units).
  • Assisted 8 families in purchasing a home through homeownership counseling, downpayment, closing cost or financing assistance.
  • Owned or managed 20 rental units.
  • Invested $116,999 in the community through Rural Revitalization Corporation's revolving loan fund, which leveraged $1,095,157 from conventional lenders and other sources.
  • Total direct investment in the community is $1,212,156.

    • Additional Accomplishments
    Date Additional Accomplishment
    10/8/2009 NeighborWorks(R) Home Resources in March of 2009 has become a NYS CHDO. We are excited about this accomplishment because it gives us the opportunity to continue the work in our CLO target area. We also have recieved $300,000 to buy/rehab/resell houses in this Green- Inving Street area of Olean NY under the HOME CHDO program.

    Community Services
  • Financial Planning and Assistance

  •  Down-payment Assistance

  • Green Building and Home Improvement

  •  Home Maintenance Training

  • Housing Programs and Home Ownership Counseling

  •  Housing for Elderly

  •  Housing for Handicapped

  •  Housing for Homeless

  •  Section 8 Housing


    • Board of Directors
    NameBoard Role/TitleSectorCompany/OrganizationJob Title
    Mary GeorgeBoard MemberLocal GovernmentOlean, NY, Department of Community Development 
    Suzanne JakovacBoard SecretaryLocal Government  
    Della MooreBoard MemberResidentSt Bonaventure University 
    Emma PascucciBoard MemberResident  
    Kathleen PerezBoard Vice PresidentResident  
    Phil SmithBoard MemberResident  
    Brian SnyderBoard TreasurerFinancial InstitutionOlean Area Federal Credit UnionVice President of Community Services
    David TrentBoard PresidentBusinessArcadia DevelopmentPartner

    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:  Northeast
    Name:  Leonora Davis
    Phone:  212-269-6553x29
    Toll-Free:  
    Fax:  
    Email:  ledavis@nw.org