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Amidst Demand for New Ideas in Community Development, NeighborWorks America Chooses the Fourth Class for Its High-Impact Organizational Development Program, Achieving Excellence.


WASHINGTON -- NeighborWorks([R]) America, the nation's leading trainer of community development professionals, proudly invited 50 outstanding candidates into the fourth class of its NeighborWorks Achieving Excellence in Community Development program. Addressing what experts call a crisis in leadership across the nonprofit A corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive.

Nonprofits are also called not-for-profit corporations. Nonprofit corporations are created according to state law.
 sector, Achieving Excellence is a comprehensive organizational development program that results in senior managers at local non-profit organizations A non-profit organization (abbreviated "NPO", also "non-profit" or "not-for-profit") is a legally constituted organization whose primary objective is to support or to actively engage in activities of public or private interest without any commercial or monetary profit purposes.  that are better able to address the critical challenges facing their organizations, to increase their positive impact within communities, enhance fundraising
"Contributions" redirects here. For information about the Wikipedia user contributions log, see .
Fundraising
 capacity and better work with local government. Importantly, this type of program leads to a more fulfilling leadership experience and increases nonprofit leadership retention rates while also fostering collaboration Working together on a project. See collaborative software.  and innovation inside the nonprofit community. This session of Achieving Excellence welcomes another diverse and skilled group to the 18-month experience that will begin at Harvard University Harvard University, mainly at Cambridge, Mass., including Harvard College, the oldest American college. Harvard College


Harvard College, originally for men, was founded in 1636 with a grant from the General Court of the Massachusetts Bay Colony.
 on October 14, 2008.

Participants in the past three classes - 130 leaders from every region in the U.S. who participated in Achieving Excellence classes since the program began in 2002 - report significant improvement in their businesses and improved service to even more people. For example, leaders who finished the third class in February 2008 reported a 146 percent increase in people served, or more than 53,000 community members across America, specifically because of their participation in the program.

"These are remarkable results," said Paul Kealey, director of training at NeighborWorks America The Neighborhood Reinvestment Corporation, dba NeighborWorks® America, is a national public/private neighborhood redevelopment organization.

The organization began in 1973 as the Urban Reinvestment Task Force, a joint project of the Department of Housing
. "The NeighborWorks Achieving Excellence in Community Development program has proven to be one of the most innovative and high impact programs in the affordable housing and community development field. This type of organizational investment leads to a very high return on investment for the participants' organizations, their communities and those who support this work."

In a period where homeownership was precarious and access to affordable financing became difficult, organizations led by graduates from the third class of Achieving Excellence were able to increase the number of homeowners served by fifteen percent and also increase their assets and access to capital. Moreover, the organizations attribute a 32 percent increase in the number of affordable housing units started, or more than 1,100 new affordable homes, to the skills learned and the strategic plans developed while in the Achieving Excellence program.

"The numbers of how many we have helped have doubled if not tripled, in part due to a better accounting, but also partly due to our strategic participation; 200 families in homes last year compared to 30 families before the program," said the board member of one graduate. Yet Marina Marina

“a piece of virtue.” [Br. Lit.: Pericles]

See : Virtuousness
 Peed of The IMPACT! Group, an early graduate of the program, points out that "AE is about more than 'increasing the number of units produced/people served.' The numbers do not tell the story, as the funding marketplace changed drastically dras·tic  
adj.
1. Severe or radical in nature; extreme: the drastic measure of amputating the entire leg; drastic social change brought about by the French Revolution.

2.
 over the last four years. OThere were organizational capacity impacts that were profound for the organizations as well as the communities that they served."

About NeighborWorks([R]) America

NeighborWorks([R]) America creates opportunities for people to improve their lives and strengthen their communities by providing access to homeownership and to safe and affordable rental housing. Since 1991, we have assisted nearly 1.2 million low- to moderate-income families with their housing needs. Much of our success is achieved through our support of the NeighborWorks([R]) network -- more than 230 community development organizations working in more than 4,400 urban, suburban and rural communities in all 50 states, the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States).  and Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. . In the last five years, NeighborWorks([R]) organizations have generated more than $15 billion in reinvestment Reinvestment

Using dividends, interest and capital gains earned in an investment or mutual fund to purchase additional shares or units, rather than receiving the distributions in cash.

1. In terms of stocks, it is the reinvestment of dividends to purchase additional shares.
 in these communities. NeighborWorks([R]) America is the nation's leading trainer of community development and affordable housing professionals. www.nw.org.
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Date:Sep 29, 2008
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