NeighborWorks Northeast Nebraska
NeighborWorks Northeast Nebraska is a private nonprofit 501(c)(3) community development corporation that provides affordable housing solutions, down payment assistance, and financial education to low-to-moderate-income families across eight Northeast Nebraska counties, serving over 800 families since 1994.
- Company typePrivate
- Founded1994
- HeadquartersNorfolk, United States
- Headcount1–10
- GTM typeB2C
- OfferingServices
What NeighborWorks Northeast Nebraska does
NeighborWorks Northeast Nebraska is a private nonprofit 501(c)(3) community development corporation founded in 1994 (originally as Elkhorn Valley Community Development Corporation) and headquartered in Norfolk, Nebraska, with a second office in Columbus established in 2007. The organization serves low-to-moderate-income individuals and families across eight Northeast Nebraska counties (Butler, Colfax, Cuming, Madison, Pierce, Platte, Stanton, Wayne) through four core programs: the Purchase Resell Rehab Program (acquires, rehabilitates, and resells homes to income-eligible buyers with up to $20,000 in 0% down payment assistance), the New Construction Program (develops subdivisions such as Nor-Park, Quail Meadows, Woodland Park, and Centennial Park), Homebuyer Education Workshops offered in English and Spanish for $50 per participant, and Money Management Classes. Since inception the organization has developed over 800 homes and surpassed $10 million in cumulative down payment assistance loans.
The organization's underlying technology stack is minimal: it relies on standard website CMS infrastructure, reCAPTCHA on contact forms, and the third-party eHome America platform (coupon code NWNEN14) for online course delivery. There is no proprietary technology platform. Business model is hybrid: the organization generates nominal earned revenue through $50 class fees and recycled down payment assistance loan repayments (due upon resale of the property), while the bulk of operating and development capital is sourced from federal, state, and local grants (including Nebraska Affordable Housing Trust Fund), NeighborWorks America network support, USDA Rural Development programs, charitable donations, and a tiered investor/sponsor program with local banks and city governments (Platinum $10,000+, Gold $5,000+, Bronze $1,000+, Associate $250+). Marketing and customer acquisition are community-led, driven by referrals from local banks, realtors, word-of-mouth, National NeighborWorks Week and Homeownership Month events, and direct in-person consultations at the two office locations.
NeighborWorks Northeast Nebraska firmographics
Firmographics- Name
- NeighborWorks Northeast Nebraska
- Legal name
- NeighborWorks Northeast Nebraska
- Website
- https://nwnen.org
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- NeighborWorks Northeast Nebraska is a private nonprofit 501(c)(3) community development corporation that provides affordable housing solutions, down payment assistance, and financial education to low-to-moderate-income families across eight Northeast Nebraska counties, serving over 800 families since 1994.
- Ownership category
- akta.pro rank
NeighborWorks Northeast Nebraska industry classification
Industry- Product category
- Affordable Housing and Community Development Services
- NAICS
- New Housing For-Sale Builders (236117)
- SIC
- General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Public Housing & Social Housing Development/Modernization Programs (FSALAKAH), Housing Rehabilitation, Weatherization & Home Repair Grant/Loan Programs (FSALAKAJ), Community Development & Neighborhood Revitalization Housing Programs (FSALAKAO)
Keywords
Where NeighborWorks Northeast Nebraska is headquartered
LocationHeadquarters
- HQ city
- Norfolk
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
NeighborWorks Northeast Nebraska business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Down Payment Assistance Loans: Provides 0% interest down payment assistance loans up to $20,000 to eligible homebuyers. Loans are due back upon resale of the property. This is the core program supporting homeownership for low-to-moderate income families.
- Educational Classes: Offers Homebuyer Education courses (English and Spanish) for $50 per participant, and Money Management sessions. These courses provide revenue while fulfilling the organization's educational mission.
- Federal, State, and Local Funding: Uses federal, state, and local funds to support housing programs and operations. Sources include Nebraska Department of Economic Development and USDA programs.
- Donations and Planned Giving: Accepts charitable donations via mail, online, and through planned giving vehicles including wills, life insurance, securities, stocks, bonds, and mutual funds. Has established accounts with Columbus Community Foundation and Norfolk Community Foundation under Nebraska Community Foundation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Homebuyer Education - English and Spanish courses for $50 per person |
| Other | Pay-as-you-go | Down Payment Assistance Loan - up to $20,000 at 0% interest |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
NeighborWorks Northeast Nebraska product offering
Product offeringCore offering
NeighborWorks Northeast Nebraska is a nonprofit community development corporation that delivers affordable housing programs in eight Northeast Nebraska counties. Its core offerings include a Purchase/Resell/Rehab Program providing rehabilitated homes with 0% interest down payment assistance loans up to $20,000, New Construction Program developing subdivisions and multi-family housing, Homebuyer Education Workshops ($50 fee, English and Spanish), and Money Management Classes.
Product overview
NeighborWorks Northeast Nebraska is a private nonprofit 501(c)(3) organization offering a comprehensive housing assistance platform consisting of four core programs: the Purchase Resell Rehab Program (PRR) for rehabilitated homes with down payment assistance, the New Construction Program for new builds, Homebuyer Education Workshops for financial literacy, and Money Management Classes for budgeting guidance. The organization develops subdivisions (Nor-Park, Quail Meadows) and multi-family housing (River Fork Villas, Phillip Avenue Apartments) to serve low-to-moderate income families in Northeast Nebraska.
Differentiator
Problem solved
Functional benefit
Products and services
- Purchase Resell Rehab Program (PRR) Homeownership assistance program that purchases, rehabilitates, and resells homes to income-eligible buyers, with down payment assistance up to $20,000 at 0% interest, no monthly payments, due upon resale. Targeted at low-to-moderate income individuals and families in Northeast Nebraska.
- New Construction Program Development program providing newly constructed homes in subdivisions such as Nor-Park, Quail Meadows, Centennial Park, and Bradshaw for qualified income-eligible buyers. Includes single-family lots, townhomes, tri-plex units, and apartment buildings.
- Homebuyer Education Workshop Educational course teaching the homebuying process including budgeting, credit, mortgage loans, down payment assistance, home shopping, negotiations, inspections, closing costs, and maintenance. Available in English monthly and in Spanish on request. $50 fee per participant. Available in-person and online through eHome America.
- Money Management Classes Financial literacy course providing tips on budgeting and credit management through 30-45 minute sessions. Available in-person and online through eHome America. Offered free or as quick sessions to support prospective homebuyers and the broader community.
Quantifiable outcome
- 800+ homes developed since 1994
- +6 more outcomes
Companies that use NeighborWorks Northeast Nebraska
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles1 record
NeighborWorks Northeast Nebraska technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
NeighborWorks Northeast Nebraska partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and supporting.
- Growing Together Career Scholar ProgramcorePartnership that brought forth the Phillip Avenue Apartments multi-use housing project for Wayne State College students, providing 52 residential units.
- NeighborWorks AmericacoreNational network affiliation (chartered member since 2005) providing access to resources, best practices, and national branding. Platinum Sponsor of the organization.
- Mesner Development Co.coreJoint venture partner in Nor-Park Development, LLC for the 20-acre Nor-Park Subdivision project in Norfolk, NE. Partner in developing single-family lots, townhomes, tri-plex units, and apartment buildings.
- Progressive Builders, Inc.coreJoint venture partner in Nor-Park Development, LLC for the 20-acre Nor-Park Subdivision project in Norfolk, NE. Construction partner for housing development.
- City of ColumbuscoreStrategic partner in Quail Meadows development project. City partnership providing support for multi-phase subdivision offering diverse housing options in Columbus.
- Wayne State CollegecorePartner in Phillip Avenue Apartments project providing student housing for 45 Wayne State College students. Groundbreaking ceremony included WSC President Marysz Rames.
- Greater Norfolk Economic Development FoundationcoreLand provider for Nor-Park Subdivision development. Partner with Nucor in land acquisition for the 20-acre housing development tract.
- NucorsupportingLand provider alongside Greater Norfolk Economic Development Foundation for Nor-Park Subdivision land acquisition.
- City of NorfolksupportingPartner in Nor-Park Development. Approximately 4 acres of land dedicated to the City of Norfolk for a new city park in the Nor-Park neighborhood.
Scale indicators10 records
Recent moves11 records
Expansion highlights6 records
NeighborWorks Northeast Nebraska competitors and assessment
Company assessmentBroad incumbents
- NeighborWorks America: National congressionally chartered network that NWNEN is a member of since 2005; sets standards, provides funding, training, and branding to ~250 member CDCs — broad incumbent that defines the ecosystem in which NWNEN operates.
- Local Initiatives Support Corporation (LISC): National CDFI that finances affordable housing, community facilities, and economic development through local offices — comparable operating model combining public funding, private capital, and direct real estate development across regional markets.
- Enterprise Community Partners: National nonprofit that develops and preserves affordable housing, including mixed-income multifamily, and operates the Enterprise Community Loan Fund — overlaps with NWNEN's subdivision development and DPA lending activities at significantly larger scale.
Direct peers
- BRIDGE Housing: West Coast nonprofit affordable housing developer producing mixed-income rental and for-sale homes — comparable ownership/development model for projects like Nor-Park and Quail Meadows, though at larger urban/suburban scale.
- Mercy Housing: Nonprofit affordable housing developer operating across multiple U.S. states, building mixed-income rental and for-sale housing with resident services — closely comparable mission, multifamily development approach (analogous to River Fork Villas and Phillip Avenue), and target demographic.
- Habitat for Humanity International: Largest U.S. nonprofit affordable housing organization, building and rehabilitating homes for low-to-moderate income families through local affiliates — directly mirrors NWNEN's Purchase/Rehab/Resell and New Construction models and target population.
- NeighborWorks Capital: CDFI serving the NeighborWorks network with flexible capital for member CDC real estate development — directly comparable as the network-aligned financing vehicle that complements NWNEN's USDA Intermediary lending activity.
- Community Housing Partners: Virginia-based nonprofit that develops affordable housing, weatherizes homes, and provides financial education across rural communities — comparable multi-program platform serving rural/small-metro LMI families.
Regional players
- Eden Housing: California-based nonprofit affordable housing developer and operator of multifamily rental properties — comparable multifamily development and resident services model to River Fork Villas/Phillip Avenue Apartments, though concentrated in a different geography.
Emerging players
- Rural Community Assistance Corporation (RCAC): CDFI serving rural Western U.S. communities with affordable housing development, infrastructure loans, and training — comparable rural focus, federal-funding access, and housing-counseling/education programming.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
NeighborWorks Northeast Nebraska social profiles
Digital presenceNeighborWorks Northeast Nebraska compliance and trust
Trust signalCompliance5 records
NeighborWorks Northeast Nebraska financial estimates
Financial estimateRevenue estimate
Valuation estimate
NeighborWorks Northeast Nebraska leadership team
Management profileNumber of profiles
Profiles16 records
NeighborWorks Northeast Nebraska funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NeighborWorks Northeast Nebraska M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NeighborWorks Northeast Nebraska
What does NeighborWorks Northeast Nebraska do?
NeighborWorks Northeast Nebraska is a nonprofit community development corporation that delivers affordable housing programs in eight Northeast Nebraska counties. Its core offerings include a Purchase/Resell/Rehab Program providing rehabilitated homes with 0% interest down payment assistance loans up to $20,000, New Construction Program developing subdivisions and multi-family housing, Homebuyer Education Workshops ($50 fee, English and Spanish), and Money Management Classes.
Is NeighborWorks Northeast Nebraska a public or private company?
NeighborWorks Northeast Nebraska is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was NeighborWorks Northeast Nebraska founded?
NeighborWorks Northeast Nebraska was founded in 1994. It employs 1 to 10 people.
Where is NeighborWorks Northeast Nebraska based?
NeighborWorks Northeast Nebraska is headquartered in Norfolk, United States, in the North America region.
How does NeighborWorks Northeast Nebraska make money?
Four revenue lines are on record. Down Payment Assistance Loans are the primary driver. The others are educational Classes, federal, State, and Local Funding and donations and Planned Giving.
Who are NeighborWorks Northeast Nebraska's main competitors?
Broad incumbents on record are NeighborWorks America, Local Initiatives Support Corporation (LISC) and Enterprise Community Partners. Direct peers are BRIDGE Housing, Mercy Housing, Habitat for Humanity International, NeighborWorks Capital and Community Housing Partners. Eden Housing is listed as a regional player. Rural Community Assistance Corporation (RCAC) is listed as an emerging player.
Does NeighborWorks Northeast Nebraska have an API?
No public API is recorded for NeighborWorks Northeast Nebraska.
What industry is NeighborWorks Northeast Nebraska in?
NeighborWorks Northeast Nebraska's product category is Affordable Housing and Community Development Services. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of FSALAKAH, Public Housing & Social Housing Development/Modernization Programs. Its NAICS code is 236117 and its SIC code is 1520.