It’s National Homeownership Month, a time to recognize the importance of homeownership. It may look a little different now, but for many, it is still the American Dream and a path to achieving generational wealth. Today, we share Dawson Bowcut's journey to homeownership, which is tied in with NeighborWorks America and its job of creating homes, building America.
NeighborWorks America was charged with designing and running a program to help people avoid foreclosure and eviction. Known as the Housing Counseling Stability Program, the program provided stability to thousands of individuals and families in the wake of economic fallout from COVID-19.
The supply of affordable rental homes is at a crisis point in communities across America, with millions of renters paying one-third or even half of their income on rent. The cost of homeownership is climbing too, as national median home prices ratchet higher, and mortgage rates stay stubbornly close to 7%.

Building and creating homes. That’s the foundation of the mission of NeighborWorks America and its network of excellence. And when we build homes, we also build America. 

“The NeighborWorks network continues to be one of the top builders of affordable rental and for-sale homes,” says Michael Butchko, vice president of Business Intelligence at NeighborWorks. “They are a critical part of this country’s infrastructure.” 

Network leaders representing 48 states and Puerto Rico gathered in Washington, D.C., last week for the annual NeighborWorks Executive Symposium (NES). The two-day event, Reshaping Tomorrow: Investing in People & Transforming Communities, was a time for candid conversations and peer learning as the leaders talked about the most important issues facing their community development nonprofits.