Emmanuel House
The Neighbor Project is a not-for-profit organization, based in Aurora, Illinois, that helps local residents achieve and maintain home ownership. It was formed by the merger of Emmanuel House, with its "Networked Savings" program,[1] with Joseph Corporation and its credit counseling, foreclosure prevention, and safety and maintenance assistance.[2][3]
The Networked Savings program allows families to live in a house owned by Emmanuel House and pay their usual fair rent fee, yet after 18 months the family is given back a year’s worth of rent as savings – in some cases, enough to allow them to put a down payment on their first home.[4]
Home ownership has long been known as a “pathway out of poverty”, and families that own homes are as much as twelve times more wealthy than rent-paying families after a decade.[5]
History[edit]
Joseph Corporation was formed in the early 1990s by the Sisters of Mercy.[6]
Emmanuel House was started in 2002 by Rick and Desiree Guzman, for the purpose of helping people save down payments on houses.[6]
The Neighbor Project was formed by the merger Joseph Corporation and Emmanuel House in 2018.[6]
References[edit]
- ↑ "About Us: Breaking The Cycle – One Life at a Time". Aurora, Illinois: Emmanuel House. Archived from the original on 2018-09-03. Retrieved 2019-03-09.
- ↑ "Our Mission". Aurora, Illinois: Joseph Corporation. Archived from the original on 2018-08-31. Retrieved 2019-03-09.
- ↑ "About". Aurora, Illinois: The Neighborhood Project. Retrieved 2019-03-09.
- ↑ "Emmanuel House | How it Works". emmanuelhouse.org. Retrieved 2014-06-01.
- ↑ "Emmanuel House | About Us". emmanuelhouse.org. Retrieved 2014-06-01.
- ↑ 6.0 6.1 6.2 Wilson, Marie (2018-05-16). "Aurora housing assistance groups merge to bring savings, stability". Daily Herald (online ed.). Arlington Heights, Illinois: Paddock Publications. Archived (PDF) from the original on 2018-05-17. Retrieved 2019-03-08.
External links[edit]
- The Neighbor Project — official website
- Emmanuel House — pre-2018 organization
- Joseph Corporation — pre-2018 organization
Further reading[edit]
- Guzman, Richard (2012-05-05). "Emmanuel House & Bryan House". richardrguzman.com. Retrieved 2019-03-09. — links to other articles and information
- Guzman, Richard. "Dick Durbin Visits Emmanuel House". richardrguzman.com. Retrieved 2019-03-09. Contains a copy of Lulay, Stephanie (2012-05-01). "Aurora Leaders to Durbin: Federal Funding Helps Non-Profits Do Work". The Beacon-News. Aurora, Illinois: Sun-Times Media. p. 1.
- Guzman, Richard (2012-05-24). "Seeds of Change". richardrguzman.com. Retrieved 2019-03-09. Contains a copy of Strunk Kirby, Nancy (2011-02-17). "Seeds of change: Family of NCC professor Richard Guzman aims to break cycle of working class poverty". Sun-Times Media.[verification needed]
- Guzman, Richard (2018-05-17). "Emmanuel House Becomes "The Neighbor Project"". richardrguzman.com. Retrieved 2019-03-09.
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