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Near Northwest Neighborhood, Inc.

Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

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Page 1: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Near Northwest Neighborhood, Inc.

Page 2: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

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

to-moderate income households

Page 3: 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

Page 4: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Why?• To preserve the existing housing

stock

BeforeBefore

AfterAfter

Page 5: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Why?• To encourage private investment

BeforeBefore

AfterAfter

Page 6: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

What?• High quality homes are sold at current

market value

Page 7: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

• Through rehabilitating existing houses and infill new construction

How?

Page 8: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

How?

Page 9: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

How?

Page 10: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

How?

Page 11: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Who?• Homeowners• Good neighbors!

Page 12: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

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

Page 13: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Where?

Page 14: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Where?• Targeted revitalization areas

Page 15: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Where?

Before

After

• Targeted revitalization areas

Page 16: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

What else does the NNN, Inc. do?

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

Page 17: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Why?• Need to improve both physical and

social aspects in order to stabilize the neighborhood

Page 18: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Why?• Encourage neighbors to participate

in addressing concerns

Page 19: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Why?• Have neighbors committed to

improving the area

Page 20: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

What?• Hold events to show pride and provide

chance for neighbors to meet / socialize

Page 21: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

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

nuisance property, organizing, and safety

What?

Page 22: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

What?• General meetings to educate

neighbors

Page 23: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Who? • All residents of the near northwest,

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

Page 24: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

For more information about the NNN, Inc.

Visit www.nearnorthwest.org

Or call 232-9182

Page 25: Near Northwest Neighborhood, Inc.. What does the NNN, Inc. do? Provides affordable housing to low-to- moderate income households

Questions?