Oregon is a state known for its natural beauty, vibrant cities, and growing economy. One organization that plays a significant role in supporting and promoting economic development in Oregon is NEDCO. NEDCO, which stands for Neighborhood Economic Development Corporation, is a non-profit organization that provides affordable housing, small business support, and community development services.
What is NEDCO?
NEDCO is a community-based organization founded in 1979 with a mission to create opportunities for low- and moderate-income individuals and families to live in affordable homes, start and expand businesses, and build financial stability. They believe that everyone should have access to safe and affordable housing, and that small businesses are the backbone of a thriving economy.
Affordable Housing
One of the key services NEDCO provides is affordable housing. They offer a range of programs to help individuals and families find and maintain safe and affordable homes. These programs include rental assistance, down payment assistance for first-time homebuyers, and foreclosure prevention resources. NEDCO also collaborates with local partners to develop and manage affordable housing complexes in communities across Oregon.
Small Business Support
In addition to affordable housing, NEDCO is dedicated to supporting small businesses. They offer various programs and services designed to help aspiring entrepreneurs start and grow their businesses. This includes business planning workshops, one-on-one business counseling, and access to microloans and other financing options. NEDCO understands the challenges that small business owners face and provides the necessary resources and support to help them succeed.
Community Development
NEDCO is committed to building strong and resilient communities. They work closely with local stakeholders to identify and address community needs. This may involve revitalizing neighborhoods, promoting sustainable development practices, or advocating for policies that support economic growth and social equity. NEDCO believes that by investing in the community, they can create a better future for everyone.
Why Choose NEDCO?
Now that we understand what NEDCO is all about, you might be wondering why you should choose them for your housing or small business needs. Here are a few reasons why NEDCO stands out:
Expertise and Experience
With over 40 years of experience, NEDCO has developed a wealth of knowledge and expertise in affordable housing, small business development, and community development. Their team of experts is dedicated to helping individuals and communities thrive.
Comprehensive Services
NEDCO offers a wide range of services to meet the diverse needs of individuals, families, and small businesses. Whether you’re looking for rental assistance, homebuyer education, business counseling, or community development support, NEDCO has you covered.
Collaborative Approach
NEDCO understands the power of collaboration. They work closely with community organizations, government agencies, and private sector partners to leverage resources and create sustainable solutions. By bringing together different stakeholders, NEDCO can make a bigger impact and drive positive change.
Empowering Individuals and Communities
At the heart of NEDCO’s work is the belief in empowering individuals and communities. By providing access to affordable housing and small business support, NEDCO helps individuals achieve financial stability and build a better future for themselves and their families. This, in turn, creates stronger and more resilient communities.
Frequently Asked Questions
How can I apply for affordable housing through NEDCO?
To apply for affordable housing through NEDCO, you can visit their website or contact their housing department directly. They will guide you through the application process and provide the necessary information and assistance.
What types of businesses does NEDCO support?
NEDCO supports a wide range of businesses, including retail, service-based, and creative enterprises. Whether you’re starting a small bakery, opening a boutique store, or launching a digital marketing agency, NEDCO can provide the resources and support you need to succeed.
Can NEDCO help me with business financing?
Yes, NEDCO offers various financing options for small businesses, including microloans and lines of credit. They also provide assistance with accessing other financing programs and resources that may be available to you.
Final Thoughts
NEDCO is a valuable resource for individuals, families, and small businesses in Oregon. Through their affordable housing programs, small business support services, and community development efforts, NEDCO is making a positive impact on the lives of many Oregonians. Whether you’re looking for a place to call home, starting a new business, or striving to build a stronger community, NEDCO can be a trusted partner on your journey. Reach out to them today and discover how they can help you achieve your goals.