New Level Community Development Corporation
615-627-0347
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1112 Jefferson Street
Nashville, TN 37208
Organization Details

Programs

Budget
$2,500.00
Description
New Level CDC offers a personal credit and financial review with individuals and couples. The service helps them define clear goals to build and maintain a better credit report, increase their credit score, create a realistic doable household budget, reduce debt and save.
Program Areas Served
None
Budget
$10,000.00
Description
Our agency is a HUD certified housing counseling agency. Referrals and counseling services are provided to individuals who:1) need to find affordable rental housing, 2) are experiencing fair housing issues, 3) are preparing for home ownership,and4) are experiencing challenges as homeowners and need guidance
Program Areas Served
None
Budget
$15,000.00
Description
Through support from our bank partner 1st Tennessee Bank, New Level CDC is able to offer a matching savings for home ownership. The program targets individuals and families who earn less than 80% of the HUD area median income for Nashville/Davidson County area. Participants who meet program requirements receive a dollar for dollar match from New Level CDC up to $2,000. Participants complete 8-10 hours of financial and housing education training, save monthly for over 6 months and work toward achieving their goals.
Program Areas Served
None
Budget
$590,000.00
Description
New Level CDC's housing development program layers equity from earned income and grants with low interest bank loans to develop housing that is affordable for low and moderate income families. This year we are completing 7 scattered site single family for sale homes and working with a private developer are providing 6 new affordable town homes for families within a 63 home mixed income project. We are doubling our rental housing portfolio from 19 to 40 units by acquiring duplexes and triplexes.
Program Areas Served
None
Budget
$116,350.00
Description
New Level CDC is a HUD certified housing counseling agency offering the First Time Home Buyer Education training that is required for special mortgage loans offered by banks and credit unions to low to moderate income buyers. We offer monthly workshops or online classes through eHomeAmerica.org/newlevelcdc. The class is taught by certified trainers and professionals from the mortgage and real estate industry.
Program Areas Served
None

CEO/Executive Director/Board Comments

At New Level CDC we believe in putting 'community' in how we do housing through building, renting, educating and supporting people to secure a safe, fit and affordable place to call HOME. When people feel that others care they thrive. When they thrive our community thrives too. Throughout our 17 year history we have seen the benefits of this approach, housing and financial stability, economic mobility, children settled and succeeding in school and college graduation dreams come true.