Elgin Housing Nonprofit Joins a Similar Chicago Group

Daily Herald (Arlington Heights, IL), September 23, 2007 | Go to article overview

Elgin Housing Nonprofit Joins a Similar Chicago Group


Byline: Mark Billings

First-time home buyers, rehabbers and neighborhoods in Elgin will receive a boost in the coming months, thanks to a new partnership between several local nonprofits.

The Elgin Community Network and a newly revamped NHS of Elgin - now called NHS of the Fox Valley - are gearing up for two October programs, and new initiatives designed to bolster first-time home buyers and lagging areas of the city.

According to John Groene, who is splitting time between Elgin and Chicago as the associate director of neighborhood strategy and planning for Neighborhood Housing Services of Chicago, the new organization is striving to create a new vision for community- building in Elgin.

"We hope to build on the past successes of NHS of Elgin and offer expanded loan-servicing products and services to Elgin and the Fox Valley," he said. "We ultimately want to help in revitalizing the community."

The genesis of the new NHS of the Fox Valley started during the fall of 2006, when the former NHS of Elgin invited the Chicago office to discuss a possible merger.

Negotiations spanned more than 10 months, as the two groups determined how the Elgin office could keep its lending and education services in Elgin.

This past June, the boards of directors of both NHS of Chicago and NHS of Elgin approved an affiliation of the two nonprofit housing organizations.

NHS of Elgin formally changed its name to NHS of the Fox Valley and became an affiliate to NHS of Chicago, while retaining its own nonprofit status.

NHS of the Fox Valley will offer services that promote sustainable homeownership, home rehab and affordable lending.

For example, a qualified new home buyer could receive a 30-year fixed loan at 6.5 percent. The group also offers creative loans to people needing money for rehab after purchase. The money is held in an escrow account to pay contractors as the work is completed, said Groene.

He added that NHS of Chicago brings an established track record of lending for home purchase, refinance, and home improvement, as well as consultation and counseling for new home buyers and homeowners at risk of foreclosure. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Elgin Housing Nonprofit Joins a Similar Chicago Group
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.