NAREB Foundation

The Purposes for which the Corporation (NAREB Foundation) is formed, includes, but is not limited, to the following:
  1. To receive grants, gifts and contributions for charitable and educational housing related programs.
  2. To acquire/rehabilitate dwellings for low and moderate income, and workforce development families.
  3. To obtain funding to develop and construct new or rehab residential, commercial, mixed use developments in underserved and inner city neighborhoods.
  4. To educate and train youth and adults in housing related skills & trades i.e. marketing, management, repairs, maintenance, grounds maintenance, etc.
  5. To establish and implement a homeownership down payment assistance program.
  6. To create employment opportunities within underserved communities.
  7. To establish a consortia to secure equity funds and mortgage loan commitments to finance the development/redevelopment of housing programs.
 The Corporation is organized exclusively for charitable, educational and real  estate board  purposes; for the improvement of business conditions for minority and disadvantaged persons in the real estate and related  business