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From Zell Long,
Executive Director
P.O.
Box 1485
Tupelo, MS 38802-1485
zlong@ci.tupelo.ms.us
(662) 841-6411
Mission Statement
To revitalize
neighborhoods by providing safe, decent, affordable
housing and by creating home ownership opportunities for
individuals with low and moderate income.
What is
Neighborhood Development Corporation?
Neighborhood
Development Corporation (NDC) is a non-profit, tax
exempt, housing organization created to promote the
redevelopment of deteriorating neighborhoods in Tupelo
and throughout Lee County, focusing on Education,
Assistance, and Revitalization. NDC's numerous programs
and services are changing lives and neighborhoods,
developing residential leadership, increasing home
ownership for low and moderate income families, and
building community.
Governed by a local Board
of Directors, NDC is partnering with local, state, and
national agencies and organizations, as well as private
developers, to provide and promote redevelopment efforts in
neighborhoods.
Certified as a Community
Development Housing Organization (CHDO) by the Mississippi
Development Authority, and pending approval as a
NeighborWorks® Network by NeighborWorks® America, NDC is
positioned to be a strong catalyst in the provision of
affordable housing.
PROGRAMS &
SERVICES
Education
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Homebuyer Education:
Empowerment of 1st time homebuyers by increasing
knowledge of terms, financing, and readiness for
purchasing first home
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Financial Literacy:
Instructions utilizing the FDIC Money Smart
curriculum regarding budgeting, credit, and pertinent
money matters
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Financial Counseling:
Post-counseling sessions with each client
that obtains a home as a result of undergoing homebuyer
education, via phone or face-to-face
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NeighborWorks®
America Training Institutes:
Scholarships to national NWA Training Institutes and other
conferences and work shops for staff, residents, and board
members. Scholarships to Community Leadership Institute
for residents
Assistance
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1st Time
Homebuyer Grants (pending funds): $7000 grants
for qualified 1st Time Homebuyers to purchase homes in
Lee County (homebuyer education class required)
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Volunteer Income
Tax Assistance (VITA): Free Income Tax Forms
preparation for qualified households - over 1300
households assisted in 2007
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World Changers:
Free Repairs made to homes of elderly and/or
handicapped low-income homeowners in Lee County
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Resident
Leadership Programs: Partnership with
Neighborhood Associations Resident Leadership
Committee/Team Tupelo
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Tupelo Talent Show
Competition
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Christmas Tree
Trimming @ City Hall/ Fellowship Of The Trees
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Community Christmas
Celebration
- Back-To-School Give-Away
   
Revitalization
- Increase Home Ownership:
Partnership with Habitat for Humanity and
Tupelo Housing Authority in identifying and
referring qualified potential homebuyers,
strengthening and stabilizing older neighborhoods
- World Changers:
Improvements to older homes in Lee County
(roofing, ramps, exterior & interior painting and
repairs) at no cost to elderly and/or handicapped
low-income home owners
- Neighborhood
Associations: Partnership with
NeighborWorks® America and other NeighborWorks®
networks for innovative revitalization programs
and financing models
- Public/Private
Partnerships: Partnerships with City of
Tupelo and private developers to revitalize
neighborhoods
- Community Land Trust:
An affordable for single-family for sale housing,
reducing absentee ownership
Partners
City of Tupelo
CREATE Foundation
BancorpSouth Bank
Renasant Bank
Merchants & Farmers Bank
Community Bank
Trustmark Bank
Regions Bank
MS Home Corporation
MS Development Authority
NeighborWorks® America
Federal Home Loan Bank of Dallas
World Changers
Habitat for Humanity
Tupelo Housing Authority
Tennessee Valley Regional Housing Authority
Mississippi Housing Initiative (MHI)
USDA, Rural Development
U. S. Department of HUD
NDC Helps Steve
Monts Receive His 1st Home
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Open House for Steve Monts
(Click Image to see Slideshow)
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From Homeless To
Homeowner.
Friday, August 01, 2008 was truly a blessed day as an Open
House Celebration was held to congratulate Steve Monts on
becoming the proud owner of 928 Blair Street. Through the
Neighborhood Development Corporation and BancorpSouth First
Time Homebuyers program, Monts qualified to purchase his
first home. Monts received a mortgage from BancorpSouth, and
a $15,000 grant from the University of Southern Mississippi
Institute for Disability Studies. He also received a $7000
grant from the Federal Home Loan Bank of Dallas, and he is
participating in the City’s 80/20 program. Through this
program the City provides the 20% of the full mortgage at a
fixed 3% interest rate to help with the down payment. In
addition, the Tennessee Valley Regional Housing converted
Mont’s rental voucher to a homeownership voucher which will
go directly into helping with his mortgage and go into
escrow to help pay towards the maintenance of the house.
Monts expressed his great appreciation to all of the
partnerships who helped him make this dream come true.
News & Notes
Resident Leadership Committee
Meeting Update:
- Saturday, Nov. 1st - Deadline to turn
in $20 contribution for our association's Christmas Tree.
Please have the Treasurer send the donation to the
following address (RLC President): Samuel Holland, 711
South Feemster Lake Rd., Tupelo, MS 38804
- Thursday, Dec. 4th - Deadline for the
all neighborhood association's Christmas Trees to be
decorated - A reception will be held that evening at City
Hall to meet and greet other members from other
neighborhood associations. Each association is asked to
donate cookies and or beverages.
- Saturday, Dec. 6th - Christmas
Neighborhood Celebration will be held at the Lawndale
Presbyterian Church from 6 p.m. - 8 p.m. - all
neighborhood associations are encouraged to attend - There
will be refreshments, door prizes, fun, fellowship and the
awarding of the best decorated Christmas Tree at City Hall
will be announced.
Please come out to any/all of these
events and invite your neighbors as well, there is
absolutely NO CHARGE to attend these functions. More than
anything, it's an opportunity to meet and mingle with
members of other neighborhood organizations.
Grants!
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Neighborhood Grants Available - Read the
Requirements
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