NeighborWorks America

Reports and Publications

Challenges and Changes in Community-Based Lending for Homeownership

by Abigail Pound

Feb 1, 2011
Many community based organizations have been providing mortgage loans in low-to-moderate income and minority communities on a small scale since the 1970s. In the wake of the housing crisis, they faced special challenges. They approached these with emphasis on flexible underwriting, counseling and education, and a variety of other solutions.