It’s a beautiful day in the neighborhood

Columbus United Federal Credit Union ($73.9M, Columbus, NE) is leveraging its relationship with another nonprofit provider of affordable housing to make a difference in their rural corner of the Cornhusker State.

Through its work with NeighborWorks Northeast Nebraska, one of the more than 245 community development organizations working under the NeighborWorks America umbrella, Columbus United has helped develop subdivisions, sold homes in them, and expanded its reach within its newly expanded field of membership.

Without partnerships like this, we wouldn’t be doing a lot of these things. Our demographics, service areas, and community involvement all overlap. We know and trust each other.

NeighborWorks Northeast Nebraska buys 30 to 35 houses every year to rehab and sell, and it extensively uses a revolving loan fund to help keep costs in check.

 

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