New Orleans Neighborhood Development Foundation

What New Orleans Neighborhood Development Foundation does

The New Orleans Neighborhood Development Foundation (NDF) is a 501(c)-style nonprofit foundation founded in 1986 and headquartered at 1429 S. Rampart Street, New Orleans, Louisiana. Its mission is to combat housing inequality by preparing low- and moderate-income families to become homeowners through financial housing counseling, homebuyer education, and financial literacy programming in the greater New Orleans area. NDF delivers three core educational programs: a 12-hour Homebuyer Education course, a 9-hour interactive Financial Fitness course (derived from the Money Wise Consumer Action project), and an online-only Landlord Education course. The flagship outputs are Verification of Training (VOT) letters accepted by lenders, and tri-merge credit-report-based counseling with personalized debt-to-income and credit-improvement recommendations.

The technology stack is curriculum-driven rather than platform-native. NDF uses a custom-designed homebuyer training manual (including industry-document forms, a property inspection exercise, and supplementary pamphlets) combined with one-on-one counseling sessions. For online delivery, NDF integrates with the third-party eHome America learning platform at ehomeamerica.org/ndf-neworleans, enabling self-paced Financial Fitness and Homebuyer Education courses for clients with imminent closing dates. No APIs, mobile apps, or proprietary software products are disclosed; payment intake for donations is via a PayPal business fund link.

NDF's revenue model blends earned program fees with philanthropic grants and small-dollar donations. Course and counseling fees range from $45 (à la carte credit report) to $155 (in-person homebuyer counseling), paid by money order. Grants from financial institutions — including a $60,000 award in October 2025 from the Federal Home Loan Bank of Dallas together with Home Bank, Liberty Bank & Trust, and Renasant Bank — fund operations, technology upgrades, workshops, and outreach events. Donations are collected through PayPal. The organization employs a small key-person staff led by CEO Fred J. Johnson, Jr., with governance provided by a six-member volunteer board drawn from regional banking, title, affordable housing, faith-based, and academic institutions.

Name

New Orleans Neighborhood Development Foundation

Legal name

Neighborhood Development Foundation

Website

https://ndf-neworleans.org

Company type

Private

Founded year

1986

Operating status

Operating

Short description

The Neighborhood Development Foundation (NDF), founded in 1986 in New Orleans, is a nonprofit that delivers financial housing counseling, homebuyer education, financial literacy, and landlord training to low- and moderate-income families in the greater New Orleans area, issuing lender-accepted Verification of Training certificates.

Ownership category

akta.pro rank

Product category

Homebuyer Education and Financial Housing Counseling

NAICS

Educational Services (61), Educational Support Services (6117)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Housing Counseling, Foreclosure Prevention & Loss Mitigation Programs (FSALAKAM)

Keywords

• Homebuyer education
• Financial counseling
• Housing counseling
• Financial literacy
• Landlord education

Headquarters

HQ city

New Orleans

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Course and Counseling Fees: One-time per-service fees for in-person and online financial fitness, homebuyer education, landlord education, follow-up counseling, and credit report pulls. Paid by money order only. Range from $45 (credit report fee) to $155 (in-person homebuyer counseling).
2. Grants from Financial Institutions: Charitable grants from financial institutions such as the Federal Home Loan Bank of Dallas and member banks (Home Bank, Liberty Bank & Trust, Renasant Bank). Used for operational support, technology upgrades, workshops, and outreach events supporting affordable housing initiatives.
3. Donations via PayPal: Public donation channel through PayPal (link to PayPal biz fund for NDF) supporting the foundation's mission.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels8 records

Core offering

The New Orleans Neighborhood Development Foundation (NDF) delivers financial housing counseling and education services to low- and moderate-income families in the greater New Orleans area. Its core offerings are a 12-hour in-person Homebuyer Education course, a 9-hour Financial Fitness learning course, and an online Landlord Education course, supplemented by one-on-one counseling sessions that include tri-merge credit report analysis, debt-to-income calculations, and personalized credit-improvement recommendations. Successful completion of the homebuyer course yields a Verification of Training (VOT) letter sent to the client's lender.

Product overview

The Neighborhood Development Foundation (NDF) delivers a unified set of financial housing counseling and education services to low- and moderate-income families in the greater New Orleans area, organized as a suite of three core educational programs: Homebuyer Education (a 12-hour classroom course), Financial Fitness (a 9-hour learning course), and Landlord Education (online). These programs are delivered in person at NDF's Homeownership Center at 1429 S. Rampart Street and online via the third-party eHome America platform, with intake forms, fee structures, and 2026 course calendars published on the website.

Differentiator

Problem solved

Functional benefit

Products and services

• Homebuyer Education A 12-hour classroom homeownership education program for low- and moderate-income first-time homebuyers that walks participants through the mortgage process, property inspection/assessment/appraisals, and post-purchase responsibilities; culminates in a Verification of Training (VOT) letter sent to the client's selected lender. Available in-person ($155 with credit report) and online via eHome America ($125).
• Financial Fitness A 9-hour interactive financial literacy learning course with written assignments covering money tracking, banking basics, ID theft and account fraud, personal bankruptcy, building and rebuilding credit, saving, and keys to homeownership. Includes a one-on-one counseling session with a tri-merge credit report, debt-to-income analysis, and follow-up appointments. In-person fee $125; online fee $100.
• Landlord Education Online-only landlord counseling and education program designed to prepare participants for landlord responsibilities and tenant management; targeted at aspiring or current landlords and small property investors. Fee $85 per participant.
• 90-Day Follow-Up Counseling with new Credit Report One-on-one follow-up counseling session delivered approximately 90 days after initial Financial Fitness enrollment, including a refreshed tri-merge credit report to track credit-profile progress. Fee $75.
• Post-Purchase Follow-Up Counseling with Credit Report Post-purchase one-on-one counseling session for new homeowners that includes a credit report to support long-term homeownership success and asset management. Fee $85.
• Credit Report Pull (À La Carte) Standalone tri-merge credit report with scores, available as an à la carte service for clients who need only the credit-pull component. Unit price $45.

Quantifiable outcome

• Thousands of low/moderate-income families assisted toward homeownership since 1986 in the greater New Orleans area
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• eHome AmericacoreTechnology or IntegrationOnline learning platform partner (https://www.ehomeamerica.org/ndf-neworleans) that delivers NDF's self-paced Financial Fitness (Money Management) and Homebuyer Education courses and issues a Verification of Training (VOT) accepted by lenders.
• Regions BankminorStrategic or Co-development PartnerAffiliated with NDF Board Chairman/President Mike Scott (Senior VP – Community Affairs); represents lending-industry perspective on the board of directors and provides implicit referral pipeline into NDF homebuyer education.
• Bayou Title, Inc.minorStrategic or Co-development PartnerAffiliated with NDF Board Treasurer Brent J. Laliberte (Closing Attorney); brings real estate closing expertise to the board and supports NDF's homebuyer clientele through the title/closing ecosystem.
• Jericho Road Episcopal HousingminorStrategic or Co-development PartnerAffiliated with NDF Board Secretary Kimberley Washington (Asset Manager); brings affordable housing asset management expertise to the NDF board and signals cross-organizational affordable-housing collaboration in New Orleans.
• Antioch New OrleansminorGTM or Marketing PartnerFaith-based partner affiliated with NDF Board Member Blake Satterlee (Pastor, Hoffman Triangle Resident); provides community trust, outreach, and resident perspective supporting NDF's local engagement.
• L&R SecurityminorStrategic or Co-development PartnerAffiliated with NDF Board Member Edward J. Robinson (President); brings private-sector business and security expertise to the NDF board of directors.
• Dillard UniversityminorGTM or Marketing PartnerAffiliated with NDF Board Member Rosalind G. Washington (Director of Community Relations / Senior Director, SVP Community Development); provides academic, community, and student pipeline connections for NDF's mission.
• Greater New Orleans Housing AssociationminorGTM or Marketing PartnerReferenced on NDF's Resources page (gnoha.org/main/home) as a complementary industry organization serving the New Orleans housing ecosystem, providing referral and resource crossover.
• NOLA Department of Community DevelopmentminorStrategic or Co-development PartnerListed as a resource on NDF's Resources page (nola.gov/community-development) — municipal agency that aligns with NDF's mission of affordable housing and community development in New Orleans.
• Home By HandminorStrategic or Co-development PartnerListed as a resource on NDF's Resources page (homebyhand.org) — a New Orleans-area nonprofit housing organization providing complementary services to NDF's clientele.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Operation HOPE: National nonprofit delivering financial literacy, credit counseling, and HUD-approved homebuyer education, with strong bank-partnership DNA similar to NDF. Comparable mission, target demographic, and lender-affiliated funding model.
• GreenPath Financial Wellness: National nonprofit providing HUD-approved housing counseling, credit counseling, debt management, and financial education. Direct overlap with NDF's homebuyer education and Financial Fitness curriculum, plus a similar tri-merge credit report counseling workflow.
• HomeFree-USA: National HUD-approved housing counseling nonprofit focused on affordable homeownership for low/moderate-income families. Comparable services (homebuyer education, credit counseling, post-purchase) and similarly dependent on bank partnerships and grant funding.
• Clearpoint Credit Counseling Solutions: Nonprofit HUD-approved credit and housing counseling agency offering homebuyer education, pre-purchase counseling, and financial literacy. Comparable operating model, regulatory role (VOT), and target clientele to NDF.
• Home By Hand: New Orleans-based nonprofit housing organization providing complementary homeownership services. Cross-referenced on NDF's own Resources page, indicating direct service overlap and shared clientele in the same metro market.
• BALANCE (formerly Springboard Nonprofit Consumer Credit Management): Nonprofit HUD-approved housing counseling and financial education provider. Comparable as a peer in the same counselor network offering homebuyer education, financial literacy, and credit counseling to low/moderate-income households.

Broad incumbents

• NeighborWorks America: National network of 240+ affordable housing and community development nonprofits. Comparable as the umbrella network for HUD-approved housing counseling agencies like NDF; sets standards and channels grant capital that flows down to member counseling organizations.
• Money Management International (MMI): Large national HUD-approved housing counseling and credit counseling agency. Comparable because it issues VOT letters, delivers online homebuyer education, and serves the same low/moderate-income segment as NDF but at much greater scale and across many states.

Others

• eHome America: Online learning platform that delivers NDF's self-paced homebuyer education and Financial Fitness courses. Functions as a technology/infrastructure partner rather than a competitor, but its multi-agency marketplace is the dominant channel for online HUD-approved counseling delivery.

Regional players

• Jericho Road Episcopal Housing: New Orleans-based affordable housing nonprofit represented on NDF's board. Comparable because it operates in the same metro affordable-housing ecosystem, addressing overlapping clientele through asset management and housing services.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ndfrozw
• Facebookfacebook.com/NDF.NewOrleans

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds1 record

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Orleans Neighborhood Development Foundation