Neighborhood Housing Services of Cleveland, Ohio (NHSGC), is one of the oldest Neighborhood Housing Services programs in the country. The executive director, Lou Tisler, has been with the NHSGC for 10 years now, and in an interview just declared that CityLIFT, a down payment program to help Ohio first time home buyers, was the most successful program in both the organization’s and Cleveland’s history.
Incorporated in1975, Neighborhood Housing Services of Greater Cleveland (NHSGC) is one of the oldest community development corporations in Cleveland. It is also one of the first Neighborhood Housing Services program in the country.
Its mission is to “provide ongoing programs and services for achieving, preserving and sustaining the American dream of homeownership.” Funding comes from grants, public and private institutions and individual donations.NHSGC’s Executive Director Lou Tisler and the organization’s board president, Tanisha Rush, share the same mission of helping northeast Ohioans become homeowners. Families in northeast Ohio are able to buy homes, keep and maintain them, thanks for the work of the Neighborhood Housing Services of Greater Cleveland. Photo Credit: NHSGC
Lou Tisler, executive director of the NHSGC for the past 10 years, reflects on the past and looks to the future.
Q. What has been NHSGC’s most successful program during the past 10 years of your leadership?
A. “There have been many successes for our agency, which at times, means there has been some major economic struggles for families in northeast Ohio. The program that has celebrated home and made it more accessible for many was our Cleveland CityLIFT program. This was the largest citywide down payment assistance program in the history of the City of Cleveland.
“Through our partners, NeighborWorks America and Wells Fargo, we were able to provide a total of $3.7 million in assistance for those purchasing homes in Cleveland. This resulted in 270 new homeowners and over $18 million of new investment. Sixty new homeowners were under the age of 35 and almost 60 of the new homeowners moved from someplace else into the City of Cleveland.
“This program showed that there is not only pent-up demand for homeownership in a tight credit market, but that Cleveland is a city of choice for many. Look for more innovative down payment programs in the future.”
>> read the full interview at cleveland.com