PRESS RELEASE!

For Immediate Release
December 9, 2016
Maria Perez-Martinez, 475-227-0530, mmartinez@nhsofnewhaven.org

NEIGHBORHOOD HOUSING SERVICES OF NEW HAVEN
ANNOUNCES $500,000 FUNDING FROM EVERSOURCE

NEW HAVEN, CT – Neighborhood Housing Services of New Haven announced today that Eversource has contributed $500,000 under the State House Tax Credit Contribution (HTCC) Program administered by the Connecticut Housing Finance Authority. The funding will support NHS’ Comprehensive Neighborhood Stabilization and Revitalization Initiative and the HomeOwnership Center’s Homebuyer Promotion and Preservation Program. In 2017, these programs are poised to rehabilitate 12 houses, totaling at least 20 units for affordable homeownership in addition to providing homebuyer education, financial literacy training, and foreclosure prevention counseling. 

 “This contribution from Eversource will play a significant role in helping us to strengthen our comprehensive neighborhood revitalization strategy,” said Bridgette Russell, Managing Director of NHS’ HomeOwnership Center. “Eversource’s dedication to affordable housing organizations helps to strengthen communities and create economic growth in New Haven.”

Neighborhood Housing Services of New Haven and its subsidiary the New Haven HomeOwnership Center, work to revitalize selected neighborhoods in New Haven by increasing homeownership; making homes beautiful, energy-efficient, and affordable; and helping residents take charge of their neighborhoods. We believe that increased homeownership, educated homebuyers, and rehabilitated houses will produce stable, revitalized neighborhoods that our clients will be proud to call home. During the course of our 37-year history, NHS has fully renovated and sold more than 270 houses to low- and moderate-income families (www.nhsofnewhaven.org). NHS of New Haven is a chartered member of the NeighborWorks America network (www.nw.org). 

Eversource transmits and delivers electricity and natural gas for more than 3.6 million electric and natural gas customers in Connecticut, Massachusetts and New Hampshire. Eversource harnesses the commitment of its approximately 8,000 employees across three states to build a single, united company around the mission of delivering reliable energy and superior customer service. For more information, visit their website (www.eversource.com), follow them on Twitter (@EversourceCorp), and Facebook (facebook.com/EversourceEnergy).

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