Project Reinvest Timeline
In February 2016, NeighborWorks received $122.5 million as a result of the Department of Justice settlement with Bank of America.
NeighborWorks America staff has initiated work to design and implement Project Reinvest to “provide housing counseling, neighborhood stabilization, foreclosure prevention or similar programs.” Funding for these activities will be made available through an open and competitive process to nonprofits and qualified organizations, with an intent to maximize benefit for communities and individuals impacted by the foreclosure crisis.
Eligible uses of Project Reinvest grants will include those efforts designed to:
- Provide down payment lending to low- and moderate-income individuals.
- Promote stabilization and revitalization in areas hit hard by foreclosure.
- Assist individuals in stabilizing their finances, rebuilding credit and establishing savings.
NeighborWorks Grants Portal
The NeighborWorks America Grants Portal is only open to Project Reinvest: Homeownership applicants at this time.
View the NeighborWorks America Grants Portal user guide that provides helpful information and tips for accessing the NeighborWorks America Grants Portal and submitting a Project Reinvest application.
The Grants Portal is powered by FLUXX and currently supports the following web browsers:
- Google Chrome
- Internet Explorer Version 11+
For the most optimal experience, we recommend using Google Chrome. Download Google Chrome.
NeighborWorks America chartered organizations will need to register to receive a username and password for the organization. Login credentials from the previous GrantWorks system will not work in the new system.
For questions about Project Reinvest, email us
For more information about the Bank of America settlement, visit http://bankofamerica.mortgagesettlementmonitor.com/