Sacramento exists in the gap of incorporating
public and private investment in underserved communities.
Founded in 1987 and headquartered in Sacramento’s Oak Park
neighborhood, NeighborWorks®️ Sacramento serves 12 counties from
Central to Northern California. The organization accomplishes its
mission by partnering with underrepresented communities to build
healthy, sustainable and equitable neighborhoods through education,
housing development, empowerment and advocacy.
“The primary beneficiaries of our services are marginalized
communities and economic empowerment and opportunity zones
designated for government aid,” says CEO and President Lauretta
Casimir-Mahoney. “Works without money is impossible. Equitable
access and the ability to secure financing are crucial to social
sustainability. However, they represent only a singular component
in successful and enduring homeownership, financial stability and
NeighborWorks®️ Sacramento provides the comprehensive community development resources needed for sustainable living. As a Community Development Financial Institution (CDFI) and HUD-certified counseling agency, it offers the full gamut of services including residential and commercial lending, loan servicing, construction and development, and one-on-one housing counseling in the areas of pre-purchase, rental, post-purchase, student loan and displacement.
Sacramento headquarters underwent new
construction in 2023, creating new space for ACCESS and HOUSED.
“ACCESS is all about economic impact and community
solutions while tackling support to small business owners in our vision as the bedrock of innovative community development solutions from a business standpoint,” says Casimir-Mahoney. The coworking commercial space offers furnished rental offices equipped with wi-fi, reception services, post office box, conference room and a dream room with widescreen monitors that will accommodate mid-sized group events and meetings.
The second new space, HOUSED, was designed to feel like a
where users feel welcome and comfortable while discussing lifechanging topics. It’s a place for those on a quest for sustainable living and financial empowerment — a place that creates more than homeowners, but also legacy wealth builders by ensuring education is anchored around the foundation of understanding the circulation of money, not just how to get a house.
Sacramento aspires to be the preferred nonprofit
business partner to financial and credit institutions who want their
CRA dollars to go toward education with the goal of homeownership
and the economic benefits of innovative comprehensive community
development. By incorporating public and private investment in
underserved communities, NeighborWorks®️ benefits the whole of
society through measurable impact and change.
“Over 36 years, our portfolio has managed more than $1 billion in assets, more than $35 million in residential lending and more than 40,000 residents served,” Casimir-Mahoney says. “We offer a tangible and direct link to legacy and financial stability for people and families who would otherwise not have access to these opportunities.”
NeighborWorks®️ Sacramento fundraisers scheduled for 2024 include a new Equity and Financial Literacy Fair in June, Dorothy May Good Deeds Day community restoration in September, and the inaugural Candlelight & Concert, a formal dinner event and the organization’s biggest fundraiser in November.
“Over 36 years, our portfolio has
managed more than $1 billion in
assets, more than $35 million in
residential lending and more than
40,000 residents served.”
— Lauretta Casimir-Mahoney, CEO and President
evolved with new leadership in place, new
programs and events and planned new construction, so we are looking to align ourselves with growing our new partnerships, too,” says Casimir-Mahoney. “Looking ahead, we will pursue sustainable housing through innovative buildings such as manufactured housing, shipping container builds, mixed-use development, and create rental housing as a pathway to homeownership. And as always, we will continue supporting those who are ready for homeownership and those not quite ready by putting them on a pathway.”