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Nonprofit helps connect Chicagoans with low-interest loans, mortgages

Nonprofit helps connect Chicagoans with low-interest loans, mortgages The Neighborhood Assistance Corporation of America (NACA) has been at the forefront of stopping predatory lending. CHICAGO - The Neighborhood Assistance Corporation of America (NACA) has been at the forefront of stopping predatory lending.  What makes this nonprofit stand out is the fact that they don t look at your credit score.  The organization looks to see how much money you save, and if you pay your bills on time.  Sable Russell wanted the American dream, and now, she has that and so much more.  I have two apartments above me that are paying my mortgage, and I am living rent free, said Russell, who is a new homeowner. 

LISTEN: Connecticut Non-Profit Offers Help When Eviction Moratorium Ends

11:20   July 31st is the last day for the federal eviction moratorium designed to keep people struggling financially in their homes during the pandemic. That means of course the flood gates could open wide on August 1 for a wave of evictions both here in Connecticut and nationally. Someone who’s been paying close attention to this is Bruce Marks. He’s the CEO and Founder the Neighborhood Assistance Corporation of America or NACA. Bruce joined All Things Considered to talk how his non-profit organization and others like it can help both renters and mortgage holders alike who might find themselves in trouble when this eviction moratorium ends

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