Mutual Housing receives nearly $500,000 for housing development and upgrades
Sacramento|Yolo Mutual Housing Association recently received $464,985 from NeighborWorks® America .
The grants will help support Mutual Housing’s healthy housing by developing new, sustainable communities for the Sacramento region’s diverse households as well as upgrading older multifamily housing to make it greener and more energy-efficient.
Of these funds, $329,485 was a capital grant for programs and services, real estate development and maintenance, $110,500 was for organizational underwriting and $25,000 for green initiatives and cash flow.
“If you can show strong outcomes,” said Rachel Iskow, Mutual Housing Executive Director, “NeighborWorks will let the organization use the funds as it sees fit.
“Because we have a strong business plan and strong strategic goals, these funds will help us continue developing healthy housing in the local region, maintain and upgrade our communities as well as providing programs and services for o
