Neighborhood Housing Services of Silicon Valley

May 19 - 26, 2012 is Silicon Valley's Affordable Housing Week!

Bringing Affordable Home Ownership to Silicon Valley

Click Here To View Our Homes For Sale

Neighborhood Housing Services Silicon Valley:

o Is a Fannie Mae Approved First Mortgage Lender

o Are experts in bridging down payment assistance up to 20% of your home's value

We believe in secure and appropriate financing for our homebuyers. NHSSV originates only 30-yr, fixed-rate loans underwritten to Fannie Mae standards.

YOU MAY BE MORTGAGE READY IF:

You have been steadily employed for two or more years
You have at least a 640 FICO score
It's been 4 years since your last foreclosure, short sale, or bankrupcty
You have at least 4% of your home's sales price available for down payment and closing costs

You may also qualify for down payment assistance if you have not owned a home for at least 3 years!

For more information, please contact either our Loan Agent, Karen Nguyen (Vietnamese speaking) at 408.579.6521, or by email at knguyen@nhssv.org or our Underwriter, Miriam Maldonado (Spanish speaking) at 408.579.6520, or by email at mmaldonado@nhssv.org

October 20, 2011 - Spartain Daily, San Jose State University

By Pat Lopes Harris, Media Relations Director

More than 200 community members including SJSU students, faculty and staff attended the third annual Neighborhood Development Training Conference Oct. 8 at Clark Hall. Offered at no cost, the event aims to strengthen the voices and skills of neighborhood residents with workshops taught by practitioner-instructors who have experience in improving local communities. Sessions included “Using the Internet as a Community Organizing Tool,” “Community Policing for Neighborhood Safety,” and “Stabilizing Neighborhoods in Difficult Economic Times.” SJSU, community and elected leaders served as speakers. Santa Clara County Assessor Larry Stone also gave a brief address. A lunch-period resource fair featured some 20 community organizations, including Spartan Athletics, which graciously donated football tickets to attendees. Sponsors included the SJSU Center for Community Learning and Leadership, Neighborhood Housing Services Silicon Valley, and United Neighborhoods of Santa Clara County.

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October 12, 2011

Visit The San Jose Mercury News People on the Move to vote for Matt Huerta's photo as BEST!

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Press Release

New Leadership at NHSSV

October 6, 2011: Neighborhood Housing Services Silicon Valley (NHSSV) Board of Directors appointed Matthew Huerta as its new Executive Director. Mr. Huerta has over 10 years of experience in the Housing and Community Development industry most recently as the Director of Housing Development at South County Housing in Gilroy. As Director, he oversaw staff and a pipeline of over 1200 units of affordable multifamily and single family developments valued at over $360 Million. He serves on the Board of the California Coalition for Rural Housing and has served as a Planning Commissioner for the City of Salinas since 2006.

Mr. Huerta will lead a team of 20 professionals and oversee a $2.2MM annual operating budget and assets totaling over $13MM. NHSSV is a unique non-profit housing resource provider and is the only federally & NeighborWorks America certified full cycle home ownership center in the San Jose area. NHSSV is the only non profit Fannie Mae certified seller and servicer in the State.

NHSSV provides homeownership and foreclosure prevention counseling, first and second mortgage financing, real estate services including short sale negotiation, and community building and organizing support. Since 1995, the organization's HomeOwnership Center has educated and counseled over five thousand prospective homebuyers and in the last 3 years NHSSV has prevented over six hundred homes from foreclosure. Since 2001, NHSSV has provided direct loans to 350 low and moderate income homeowners for a total investment of over $112 Million in first and secondary mortgage financing. NHSSV has trained 200 neighborhood leaders to take action on issues most impacting their communities.

Matt Huerta’s vision for NHSSV is for the Agency to be the primary homeownership counseling and resource center in Silicon Valley. Mr. Huerta has set a new course for the organization that is expected to result in an increase in activity across all lines of business.

Through the organization’s Community Building and Organizing Program NHSSV will help neighborhood leaders identify the necessary tools to take on the social and economic challenges under the new paradigm of increasingly limited government resources. NHSSV will utilize and strengthen its grass roots connections so that its counseling, lending and real estate services continue to reach the underserved low and moderate-income members of the community. NHSSV will collaborate with other real estate professionals, financial institutions, non-profits, governmental agencies, and public officials to identify and implement innovative programs aimed at improving homeownership and home preservation for our workforce. The organization is committed to long-term integrated community development strategies where the beneficiaries are the primary drivers. NHSSV’s new business model which is based on outreach and collaboration will require many new communication tools including an updated website. Several members of NHSSV’s Board of Directors have contributed to this effort by donating funds necessary to revamp the website which was designed by Milestone Technologies. Please visit the NHSSV website to stay updated on homeownership opportunities, attend upcoming events or workshops, and take action on neighborhood development issues.