NeighborWorks Celebrates 900th Homebuyer!

For Eric Linn, the best part of homeownership is the realization that without programs like NeighborWorks Dakota Home Resources, he probably wouldn't be living where he is.

"I'm really thankful to be building equity in my own place," said Linn, who recently purchased a newly constructed 2000-square foot, three bedroom home. "Without these programs, I wouldn't be doing that."

Linn was able to move his 6-year-old twin girls and 9-year-old boy into their new Box Elder home before Thanksgiving, something he wasn't always sure would be possible.

"My dream was to be in our new home by Christmas, but we were able to move in even earlier," he said. "Two months ago, the foundation was there but there was no roof. It went up really fast -- what a great Christmas present."

Before Linn discovered the USDA Rural Development program and NeighborWorks, his odds of buying a home were not all that good.

"I looked into getting a loan from a bank, and going that route, I simply could not get into a home based upon what I could afford," he said. NeighborWorks Dakota Home Resources offers down payment and closing cost assistance to families like the Linns, who qualify under specific income guidelines.

Linn participated in NeighborWorks Home Buyer Education and received financing for his down payment and closing cost, making him NeighborWorks' 900th home buyer. A celebration of Linn's achievement as well as the success of the NeighborWorks program was held Saturday at Linn's new home.

For Linn, the buyer education program involved two three-hour classes that covered the entire home buying process, and included presentations from real estate agents, bankers and others actively involved in the purchase of a home.

"We teach people what they need to know to become homeowners," said Stephany Valkenburg, NeighborWorks Dakota Home Resources marketing director.

The buyer education program, along with post-purchase classes that teach homeowners how to maintain a home, are free of charge and are open to anyone, not just those who qualify for home buying assistance through NeighborWorks. Valkenburg said that through "neighborhood block clubs" in Rapid City, Deadwood, Edgemont, Wall, Lead and Box Elder, the organization "helps bring communities together."

For Linn, obtaining a five-year interest free loan to cover his down payment took away some of the pressure first-time home buyers face.

"When you buy a home, there are so many more things to consider than just the obvious things like the purchase price, down payment and closing costs," Linn said. "For me, there were things like buying appliances. The help I received gave me one less thing to worry about."

Casino Royale-2011

Box Elder Warm and Safe-2011

$10,000 Donation From First Interstate Bank and First Interstate Bank Foundation

 DEADWOOD, SD (11/10/11) – First Interstate Bank Representatives presented a check in the amount of $10,000 on behalf of First Interstate Bank and The First Interstate Bank Foundation, to NeighborWorks Dakota Home Resources Executive Director Joy McCracken at NeighborWorks® Dakota Home Resources third annual Casino Royale Fundraising event on November 10^th at 6pm. 


NeighborWorks® is a non-profit organization with a mission to create decent, safe, and affordable housing in Black Hills Communities by offering free Homebuyer’s Education classes, credit counseling, and housing rehab services. The donation proceeds from First Interstate Bank will benefit NeighborWorks® Dakota Home Resources and support their campaign for homeownership.


 In 1998, NeighborWorks Dakota Home Resources became involved with NeighborWorks America’s “Campaign for Home Ownership.”  This campaign seeks to revitalize communities by offering homeownership opportunities.  Through the assistance of NeighborWorks Dakota Home Resources families in South Dakota are realizing their dream of homeownership.First Interstate Bank was the first to show their support and help kick off NeighborWorks® Annual “Campaign for Home Ownership”.  


First Interstate Bank President of the Deadwood Market and Board of Director's Member of the First Interstate Bank Foundation, Shawn Rost stated, “We are pleased to show our continued support for the mission of NeighborWorks, in these trying economic times, the support for the homeownership initiative in Western South Dakota is more important than ever.  First Interstate Bank and The First Interstate Bank Foundation are proud to support NeighborWorks Dakota Home Resources and their mission to the community.”


Joy McCracken Executive Director of NeighborWorks Dakota Home Resources stated “we appreciate the continued support from First Interstate Bank and their ability of having the foresight to understand the benefits of homeownership and the positive outcomes it has on our families and communities. Through these strong partnerships our programs and services will continue to flourish.” Since 1992, NeighborWorks® Dakota Home Resources has provided a variety of programs and services that has assisted 898 low-and moderate-income families with the purchase of their homes. 


In November, NeighborWorks® Dakota Home Resources will celebrate their 900^th homebuyer.  First Interstate’s on-going generosity provides financial support for the continuation of such programs and services to benefit the residents of our communities. For more information about NeighborWorks’ programs and services, call 578-1401 or visit its website at www.neigborworksdhr.org. 

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$500 Grant helps Weatherize Trailer Homes in Box Elder

$500 Grant helps Weatherize Trailer Homes in Box Elder

Box Elder, SD (10-13-11)- Box Elder resident Lora Heinrich received a $500 forgivable grant from NeighborWorks® Dakota Home Resources that helped replace two original, 1972 single pane, windows and a leaky door in her trailer home with new energy efficient windows and door.

NeighborWorks® Dakota Home Resources created the $500 grant program to help Box Elder residents weatherize and improve the quality of owner occupied trailer homes in Box Elder.The $500 forgivable grant will assist in the purchase of materials that will make a home more energy efficient.  The grant can be used to purchase new windows, doors, and repair minor plumbing and heating issues. 

Lora Heinrich has lived in her 1972 trailer for four years and has been a resident of Box Elder since 1989.  She has constantly been working to make her house more efficient.  With the grant Lora replaced two windows in her home that had been an issue since she moved in. The main window in the living room allowed water to seep in and cause damage to the wall and floor. The bedroom window had a built in non-working air-conditioner that she could not take out.  The new windows will prevent sweeping waters from destroying the wall. She was also able to remove the window and air-conditioned that could be considered a fire hazard.  “The $500 grant has been a big help in getting the necessary repairs done in my home.  If I would have had to purchase the windows and doors I would not have money left for other materials.”

NeighborWorks® Dakota Home Resources is a private non-profit organization that works to assist families with their dream of homeownership and revitalize the communities to improve the quality of life.  NeighborWorks® Dakota Home Resources can assist you in fixing your home. 

If you would like more information on the $500 grant please contact Doris or Roxanne at the Box Elder NeighborWorks® office at 605-923-6007 or visit the website at www.neighborworksdhr.org

 

"Growing Family Has Something to Call Their Own"

First time homebuyer Aaron Sumners and his family moved into their brand new home on July 11th, 2011.

The family of five purchased their home in Box Elder with assistance from NeighborWorks Dakota Home Resources and USDA Rural Development.

Aaron stated the best part of homeownership is his family now has something they can call their own.   

On August 4^th, 2011, NeighborWorks Executive Director Joy McCracken, Box Elder Mayor Al Dial, Box Elder Chamber of Commerce Executive Director April Hicks, chamber board member Debra Cash and Sentinel Federal Credit Union Loan Officer Nancy Elwein welcomed the family into their new home. 

Black Hills Power Donates $2,500 to NeighborWorks® Dakota Home Resources.

Sturgis, SD (05/04/2011) – Tom Berry, on Behalf of Black Hills Power, presented a check in the amount of $2,500 to NeighborWorks® Dakota Home Resources Executive Director, Joy McCracken.

The donation proceeds from Black Hills Power will support NeighborWorks® Dakota Home Resources community outreach program Group Cares (formerly Group Workcamps.) Group Cares is a non-profit, interdenominational Christian volunteer home-repair organization headquartered in Loveland, Colorado.  For the sixth time, NeighborWorks® Dakota Home Resources, along with Sturgis Brown High school sponsor the Workcamps July 10^th-16^th in the Northern Black Hills.

This year over 400 youth and adults from around the nation will visit the Black Hills and perform work on 56 homes. At each Workcamp, teenagers and adults – all members of church youth groups – volunteer a week of their time to repair homes throughout the community.  “This represents about 12,000 hours of volunteer labor, worth over $120,000, to the community,” said Sharon Martinisko, Community Outreach Coordinator for NeighborWorks® Dakota Home Resources. 

NeighborWorks® Dakota Home Resources would like to thank all of their sponsors and organization that helped them exceed their goal of $20,000: Meade County Commission, $5,000;  Lawrence County Commissioner. $5,000; Black Hills Power, $2500; City of Sturgis, $3,000; SMRI, $1,000; Wesleyan Church, $1,000; Sturgis United Way, $1,000; Knights of Columbus $1,000.  NeighborWorks would also like to thank all of the volunteers and sponsors that helped raise $617 from the Pancake Feed Fundraiser. NWDHR also thanks Larry & Cindy Griffin, Iverson Construction and Northern Hills FCU for sponsoring a home during Group Workcamps Week. 

The donations will help provide materials needed to help repair local area residents’ homes.  Repairs offered through the Workcamp include interior and exterior painting, weatherization, porch construction and repair, wheelchair ramp construction, and other work.   

Since 1992, NeighborWorks® Dakota Home Resources has provided a variety of programs and services that has assisted more than 800 low-and moderate-income families with the purchase of their homes.  For more information about NeighborWorks’ programs and services, call 578-1401 or visit its website at www.neigborworksdhr.org.  

Paint the Town 2011

Northern and Southern Hills Residents Paint the Town

Deadwood SD- NeighborWorks Dakota Home Resources and volunteers celebrated the 16th annual Paint the Town June 4th-11th. The event was apart of NeighborWorks American National NeighborWorks Week.  Armed with paint brushes and cans of paint, residents from the Northern and Southern Hills painted a house in the communities of Box Elder, Lead, Deadwood, Edgemont, Sturgis and Rapid City. 

Six homes were painted throughout the Black Hills. Including the first home that was painted for Paint the Town in 1994.  Long time Deadwood resident Bill Auer has lived in his home for 75 years.  Being located right on Main Street, and high traffic area, it is one of the first structures that many see when they enter Deadwood. To improve the visual impact and the quality of Mr. Bill Auer’s home volunteers scraped, painted and made the home shine.  The first “Paint the Town” was held in June 1994 when 25 volunteers painted one house in Deadwood.  Over the last 16 years, over 80 homes and over 3000 volunteers have dedicated time to this annual event.  Paint the Town is not just for the homeowner, it has a positive affect on the whole community. 

“Community improvement activities are a vital piece of neighborhood revitalization,” said Sharon Martinisko Community Outreach Coordinator of NeighborWorks Dakota Home Resources. “The volunteers are making their neighbor’s homes look better, and in doing so you’re making the whole community look better. For most of these families, there’s no other way this is going to happen, and they just appreciate it so much.”

This year marked the 28th Anniversary of the event sponsored by NeighborWorks America.  During National NeighborWorks Week, organizations across the country mobilize tens of thousands of business people, residents and government officials in a week of neighborhood change and awareness.

Plant Swap 2011 

In the Lead-Deadwood area, volunteers planted flowers for Plant the Town, painted homes, and the Fourth Annual Community Plant Swap was held giving both new and experienced gardeners the opportunity to share and swap plants and ideas.  NeighborWorks® weeks ended with a bang at the First ever Lead Live Open Summer Market.  All of the events helped bring community members together.  If you would like more information on NeighborWorks Week, or any of the other events that took place please contact NeighborWorks at 605-578-140.

NeighborWorks® ‘Paint the Town “is sponsored by NeighborWorks® America, South Dakota Housing Authority. Additional sponsors and volunteers for the 16th Annual Paint the Town Event include: Deadwood Gulch, TDG Communications, Lead Chamber, First Interstate Bank of Sturgis Lead/Deadwood and Rapid City, BoxElder Job Corp, Black Hills Baptist Church, Northern Hills Federal Credit Union, and Wells Fargo.

For More Information Contact

NeighborWorks Dakota Home Resources

Media Contact: Sharon

605-578-1401

www.neighborworksdhr.org

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Lead Live Brings Sunshine to Lead Main Street



Over 200 community members came out and enjoyed Lead Live on June 11th. Can't wait to see you all again on July 9th! Spread the word!



Lead SD, June 11, 2011- Lead Live Open Summer Market kicked off with a bang.  Over 200 community members gathered around Lead Main Street to celebrate community and enjoy music, food and home made items. 

Music filled the air in down town Lead all night.  Steve Thorpe, Fancy CreekJumpers, and Sioux Falls musician Shantel Bolks, brought their talents to Lead main street and helped us a celebrate the importance of community.  Lead resident Kena Brown also performed her belly dance routine. 

The residents of Lead made this event a success.  Smiles and laughter kept the sun shining.  Children enjoyed the jumping castle while parents and residents shopped at the local vendors.

“Lead Live is for the community of Lead, this event it to get the residents out and about and enjoy everything that Lead has to offer.  Lead is a great community with lots of great ideas; Lead Live just helps bring all of the great ideas together!” NeighborWorks Marketing Director, Stephany Valkenburg.

Next month, July 9th Paul Kopco and Straight Shooter will be performing on the Lead Live Stage from 4pm-8pm. 

Lead Live would like to thank all of the vendors, residents and sponsors that came out and supported the event.  NeighborWorks Dakota Home Resources, Lead Chamber, Homestake Visitor Center, Wharf Gold Resources, Deadwood/Lead Art Center, Black Hills Mining Museum, Golden Hills Resort, Lead Historic Opera House, First National Bank, The Lodge at Deadwood and Lead-Deadwood Community Foundation.

For more information on Lead contact NeighborWorks Dakota Home Resource at 605-578-1401 or find us on facebook @Lead Live. 

 The men of the hour!  Fancy CreekJumpers kept Lead Live a Rockin!  Thanks Guys! We are so lucky to have you in our community!

Shantel Bolks acoustic performance on the Lead Live Stage June 11, 2011.  You are welcomed to come back share your talent with us anytime! We love it!!

The Poppe Family-Power of Partnerships

On March 15^th, 2011 Amy and Jason Poppe relocated their growing family from a two-bedroom home in a high-crime neighborhood to a four bedroom, two-bath home in a family friendly neighborhood. 

The family purchased their home with the assistance of NeighborWorks Dakota® Home Resources, South Dakota Housing Development Authority, USDA Rural Development, and Dakota Land Trust.  Without these partnerships the Poppe’s would not have been able to afford their home.  This project was made possible thanks to strong partnerships and the Neighborhood Stabilization Program (NSP).  NeighborWorks® purchased 2104 Russet located in Rapid Valley in 2009, utilizing the NSP and USDA Rural Development funds.  NSP was established through congress to help stabilize communities and neighborhoods in the wake of the foreclosure crisis. 

To make this a safe home, 2104 Russet needed to be completely rehabbed and updated.  The house had sat empty for two years and had a serious mold infestation.  NeighborWorks gutted the basement, replaced all the flooring, repaired drywall, and updated the kitchen and bathrooms.  To prevent future water damage, which gad caused the mold problem in the first place the property was landscaped to correct the negative grading issue. 

This home is ideal for the Poppe family because it large enough to fit their growing needs, fits within their income and the home is next door to Amy’s parents. “ My Children get to grow in a safe neighborhood next to our family. This home was perfect for us!” Amy stated.

2104 Russet not only provided a safe and affordable home for the family, the improvements will help increase the property values in the neighborhood. The long-term effects of this project, and other NSP projects, are unlimited. Thanks to our strong partnerships, the Poppe family gets to continue making memories in a neighborhood that is already so dear to their family.  Home is where the heart is and the neighborhood is what makes the memories complete.  

Home Sweet Home- Partnerships Assist in Home Ownership

In 2009  the city of Spearfish worked with the Dakota Land Trust and developers of the new McGuigan Ranch subdivision to purchase lots for the land trust.  The city sells those lots to the Dakota Land Trust as they are needed, at a price of $5,000 each.  

Dakota Land Trust now has five families in homes at McGuigan Ranch.  The newest family in the Neighborhood is Jamie Krueger and her daughter Taylor.  Jamie and Taylor moved into their new home the first week of April.  

Thanks to the partnership with USDA Rural Development, Dakota Land Trust and NeighborWorks® Dakota Home Resources, Jamie Krueger was able to purchase her new home.  Jamie said that she is thankful for all the programs that have assisted her throughout the home buying process.   "I wanted to own a home, but as a single mom it was hard to imagine being able to afford a home, thanks to their programs I was able to purchase a beautiful home in a safe neighborhood".

NeighborWorks Daktoa Home Resources 2009 Annual Video

The Harmon Family – Dedication and Hard Work Pays Off

The Trailer House 

  

 “After three years of living in that trailer we knew we had to do something” Robin Harmon stated.

The Harmon family relocated from Nebraska to South Dakota in 2005.  Due to the high cost of housing in the Black Hills, and lack of options they moved into a substandard trailer.  Robin described the trailer as being a heat box in the summer, and a freezer in the winter. They looked for other housing options but everything was out of their price range.

Three years after living in a trailer house that was infested with mold, constantly leaking water and a falling ceiling the family knew they had to make a change.  Rex and Robin asked around at work and NeighborWorks® was highly recommended. 

The couple contacted NeighborWorks® Dakota Home Resources to begin the process of building credit and creating habits that would allow them to move into a new home.  “The Harmon family attended all of our classes, improved their credit and stayed focused; their commitment shows that hard work pays off.  They now have a safe place to call home”, NeighborWorks® Home Buyer Counselor Vonda MCcarty stated.

The Harmons New Home

The couples dedication and hard work paid off; two years later they now have a safe and affordable home.  Robin stated, “The best part about owning our own home is we can do whatever we want, we can paint, we can plant a garden and we can improve the quality of our home without asking anyone, we have more freedom and less stress.”   Rex said “it was a lot of work and it took a lot of patience, but we did our best and now we have a home.”  When asked if he had any advice for other families that might be in a similar situation he said, “have patience, keep a budget, seek help and opportunities will come”.

The Bathroom 

The Kitchen

Their Living Room

Applications Needed for Group WorkCamps. Home Rehab Repairs!

NeighborWorks  Dakota Home Resources Plans to Bring up to 400volunteers to Sturgis to Improve the Homes of Local Area Residents

Deadwood, SD- NeighborWorks Dakota Home Resources is hosting the sixth annual Group WorkCamp in July 10^th-16^th through out the Black Hills. Over 400 adult and teenage volunteers will provide free home repairs to over 70 local residents. 

The repairs are being provided through the Group Cares (formerly Group Workcamps Foundation) program, sponsored locally by NeighborWorks Dakota Home Resources. The Group Cares (formerly Group Workcamps Foundation) is a non-profit, interdenominational Christian volunteer home-repair organization headquartered in Loveland, Colorado.  This summer, an anticipated 25,000 young people and adults will participate in 43 Workcamps in communities across the United States and Canada. 

At each Workcamp, volunteers – all members of church youth groups – volunteer a week of their time to repair homes throughout the community.  “This represents about 12,000 hours of volunteer labor, worth over $110,000, to the community,” said Sharon Martinisko, Community Outreach Coordinator of NeighborWorks Dakota Home Resources.

“These really are remarkable young people,” said Jeff Thompson, of Group Cares (formerly Group Workcamps Foundation).  “Each one is actually paying for the privilege of working in your community.  Workcamp registration fees are used to cover our costs for food, insurance, and building materials.”

This year’s Workcamp will be housed at Sturgis Brown High School in Sturgis,  “This incredible service to the area would be impossible without the wonderful cooperation of the Sturgis Brown High School,” remarked Ms. Martinisko of NeighborWorks.  Group Cares (formerly Group Workcamps Foundation) will reimburse all lodging costs to Sturgis Brown High School.

NeighborWorks Dakota Home Resources is a non-profit whose mission is to assist in providing decent, safe and affordable housing and revitalizing neighborhoods to improve the quality of life in our communities.  NeighborWorks encourages anyone in need of assistance in doing home repairs to apply.   Repairs offered through the Workcamp include interior and exterior painting, weatherization, porch construction and repair, wheelchair ramp construction, and other work.  Residents in North Rapid City and the Northern Black Hills (within 40 minutes of Sturgis Brown High School) can

obtain an application online at www.nhsblackhills.org or by calling 578-1401 to have an application mailed.  The Workcamp repairs will take place July 10 – 16^th, 2011.  All applications are due to NeighborWorks by April 15^th.

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Tour of Lights Brings in Food Donations for the Lords Cupboard in Lead

NeighborWorks® Dakota Home Resources partnered with the Deadwood Trolley Department for the annual “Tour of Lights” to allow residents to see Christmas lights in the Lead and Deadwood areas while riding the Deadwood Trolley. Over 60 residents attended this years “Tour of Lights” and donated four boxes of nonperishable food. NeighborWorks Dakota Home Resources collected the food for the Lords Cupboard in Lead. The Lords Cupboard accepts donations Monday from 9am-11:30am and Thursday from 3pm-5:30pm. For more information on Tour of Lights and NeighborWorks Dakota Home Resources contact Sharon at 605-578-1401

Wells Fargo invests $250,000, donates $10,000 for Western South Dakota affordable housing initiatives

Wells Fargo invests $250,000, donates $10,000 for
Western South Dakota affordable housing initiatives

DEADWOOD, S.D., Dec. 30, 2010 – Wells Fargo has made a $250,000 equity equivalent investment (EQ2) to NeighborWorks Dakota Home Resources (NWDHR). The Wells Fargo Housing Foundation has made an additional $10,000 donation to NWDHR. These funds will help increase access to affordable housing for South Dakota residents.

“We appreciate the support of Wells Fargo and are excited to have access to additional funds to assist families with the purchase of a home or the maintenance of their homes,” said Joy McCracken, Executive Director for NeighborWorks Dakota Home Resources.

This is Wells Fargo’s second $250,000 EQ2 investment in NWDHR, which will pass the EQ2 loan proceeds to its subsidiary, Neighborhood Lending Services, LLC. (NLS), a certified Community Development Financial Institution. NLS makes down payment and closing cost assistance loans and housing rehabilitation loans to residents in the northern Black Hills counties of Butte, Custer, Fall River, Lawrence, Meade, and non-metro Pennington. By providing lending capital to NLS, Wells Fargo is supporting NWDHR’s efforts to promote affordable home ownership and strengthen communities in western South Dakota.

“The investment and the donation support NeighborWorks Dakota Home Resources’ mission to help provide safe, decent and affordable housing,” said John Senden, community banking president for Wells Fargo in Spearfish. “It’s our hope that these funds will improve the quality of life in our Western South Dakota communities.”

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Equity equivalent investments, or EQ2s, provide capital in the form of below-market-rate loans. They are a limited resource reserved for Well Fargo non-profit community development partners that are working to expand affordable housing, job creation and economic development in the communities where Wells Fargo does business.

About NeighborWorks Dakota Home Resources
NeighborWorks Dakota Home Resources (NWDHR) is a 501(c)(3) nonprofit corporation founded in 1992 that provides homeownership loan products, counseling, education and advocacy services to low- and moderate-income people in six western South Dakota counties. Previously known as Neighborhood Housing Services of the Black Hills, NWDHR maintains an “exemplary” rating as a member of the national NeighborWorks network.

About Wells Fargo
Wells Fargo’s Community Lending and Investment division provides debt and equity capital for economic development, job creation and affordable housing in areas of need nationwide. For more about Wells Fargo Community Lending and Investment: www.wellsfargo.com/communitylendingandinvestment

Wells Fargo provides financial services from 55 stores in 39 South Dakota and southwestern Minnesota communities and employs more than 4,000 team members throughout the region. Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 banking stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With more than 278,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked #19 on Fortune’s 2009 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.


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American Dream Put Back on Track

Belle Fourche, S.D., Dec. 30, 2010- Thanks to Wells Fargo and NeighborWorks® Dakota Home Resources (NWDHR) Kenneth Austin and Penny Wilson will finally get to live the American Dream.

Kenneth and Penny purchased their first home in 2008 with a Wells Fargo loan, and what they thought to be the American Dream shortly took a turn. At the time Belle Fourche was experiencing a seven-year drought, but once they moved in the rain started falling. Penny stated “I woke up one morning and the water was filling up our basement, and we have been dealing with it ever since”

The repairs needed for the home were too expensive for out of pocket cost. After several recommendations Kenneth and Penny contacted NeighborWorks® Dakota Home Resources.

With the assistance from NWDHR Home Rehab program, a $250,000 EQ2 Wells Fargo investment for affordable housing and forgivable Home Loans provided the family with funding to insert drain title around the house and remove and replace water damaged sheetrock in the basement.

NeighborWorks® Dakota Home Resources (NWDHR) is a non-profit corporation founded in 1992 that provides homeownership loan products, counseling, education and advocacy serves to low-and moderate-income people in six western South Dakota counties.

“The investment and the donation support NeighborWorks® Dakota Home Resources’ mission to help provide safe, decent and affordable housing,” said John Senden, community-banking president for Wells Fargo in Spearfish. “It’s our hope that these funds will improve the quality of life in our Western South Dakota Communities.

This is Wells Fargo’s second $250,000 EQ2 investment in NWDHR, which will pass the EQ2 loan proceeds to its subsidiary, Neighborhood Lending Services, LLC. (NLS), a certified Community Development Financial Institution. NLS makes down payment and closing cost assistance loans and housing rehabilitation loans to residents in the northern Black Hills counties of Butte, Custer, Fall River, Lawrence, Meade, and non-metro Pennington. By providing lending capital to NLS, Wells Fargo is supporting NWDHR’s efforts to promote affordable home ownership and strengthen communities in western South Dakota.

Kenneth and Penny stated that they are very excited for the rehab to be completed and said that it will get their American Dream back on track and make their home feel new again.

For more information on NeighborWorks® Dakota Home Resources and other programs that they offer please contact their office at 605-578-1401