Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to...

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Transcript of Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to...

Near Northwest Neighborhood, Inc.

What does the NNN, Inc. do?• Provides affordable housing to low-

to-moderate income households

Why?

BeforeBefore

AfterAfter

• To revitalize the neighborhood

Why?• To preserve the existing housing

stock

BeforeBefore

AfterAfter

Why?• To encourage private investment

BeforeBefore

AfterAfter

What?• High quality homes are sold at current

market value

• Through rehabilitating existing houses and infill new construction

How?

How?

How?

How?

Who?• Homeowners• Good neighbors!

Who?

Household Size

Income Qualification

1 $12,501 to $33,300

2 $14,301 to $38,100

3 $16,051 to $42,850

4 $17,851 to $47,600

5 $19,301 to $51,400

6 $20,701 to $55,200

• To purchase an NNN rehabilitated home you must income qualify.

Income Guidelines

Where?

Where?• Targeted revitalization areas

Where?

Before

After

• Targeted revitalization areas

What else does the NNN, Inc. do?

• The NNN, Inc. provides opportunities for neighbors to gather

Why?• Need to improve both physical and

social aspects in order to stabilize the neighborhood

Why?• Encourage neighbors to participate

in addressing concerns

Why?• Have neighbors committed to

improving the area

What?• Hold events to show pride and provide

chance for neighbors to meet / socialize

• Resident committees working to create solutions that address concerns within the neighborhood ⁻ Environmental, marketing, membership,

nuisance property, organizing, and safety

What?

What?• General meetings to educate

neighbors

Who? • All residents of the near northwest,

or anyone with an interest in the neighborhood, are welcomed and encouraged to participate.

For more information about the NNN, Inc.

Visit www.nearnorthwest.org

Or call 232-9182

Questions?