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NEW’s dedicated staff of 54 employees, guided by the Board of Directors and assisted by numerous organizational partners and collaborators have achieved much. Here are a few highlights.
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Families increased their assets by more than $1 million |
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32 families purchased their first home |
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Prevented 26 homes from going into foreclosure (estimated value of over $19 million) |
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Raised $1,640,00 for health insurance coverage for 820 families through the Healthy Families program |
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Raised $2,485,000 of revenue for the small businesses |
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More than 2,500 families received asset education in Financial Literacy - Smart Consumer, Earned Income Tax Credit, Individual Development Account, First Time Home Ownership and Foreclosure Counseling, Family Development Case Management, and business services programs throughout the Los Angeles region |
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Opened NEW’s Prosperity Community Center and Vista Monterey, 48 units of senior housing, in Los Angeles. |
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Celebrated the groundbreaking of the third and final phase of the Tierra Del Sol Redevelopment Project – the two-story, 12,000 square-foot Community Center building which will serve as a cultural hub for educational, civic and cultural activities |
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NEW was invited to address the Women’s Congressional Caucus, Women’s Policy Inc. (WPI), in Washington, D.C. on “Expanding the Middle Class: Paths to Economic Self-Sufficiency for Women and their Families.” |
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Bank of America selected NEW for its Neighborhood Excellence Initiative Award |
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Continued to operate over 600 units of affordable housing providing safe, affordable housing in the communities of Pico Union, East Los Angeles, San Pedro and West San Fernando Valley. |
NEW delivered:
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655 pre purchased counseling sessions |
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$10,737,000 total estimated dollar values of homes purchased |
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$1,483,032 First-time homebuyer subsidy from government sources |
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$323,563 average purchased price for each home |
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154 foreclosure counseling sessions |
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26 Homes saved through foreclosure counseling |
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12 NEW resident families and 20 community families purchased a home |
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35 families enrolled in Individual Development Account Program – a saving program for homeownership, business start up and college attendance |
Family Development Network
"Para Mi Futuro"
NEW exceeded its contract goals of providing comprehensive case management and youth advocacy services to low-income families in Pico-Union and the South San Fernando Valley.
Office of Traffic Safety (OTS)
Through a partnership with the City of Los Angeles, over 3,000 individuals were served and provided educational services, child safe car seats and other equipment.
Salsa, Sabor y Salud
NEW successfully educated families on adopting health habits through the Salsa, Sabor y Salud program.
Healthy Families
NEW enrolled 815 low-income children in the State of California Healthy Families Program. and educated parents on the enrollment and retention process to keep their insurance benefits current.
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NEW completed Proyecto Adelante in May 2009 with funding from the Ford Foundation. The pilot program was designed to educate Latino families about asset protection and development and provide policy recommendations on enhancing the field of asset development.
Download Proyecto Adelante White Paper
Download Proyecto Adelante Ethnography
funded by the Insight Center for Community and Economic Development
The report identifies a need to more aggressively promote the importance of asset creation and protection. Although there is no shortage of basic Spanish language financial literacy materials, there is a dearth of materials specifically addressing the more complex asset creation and protection tools (e.g. how to invest in the stock market and insurance education.) Latino immigrants are not changing their financial management habits in any significant manner. Better materials and delivery methods, such as family education, must be developed to more effectively change this population's behavior.
Download Executive Summary
"This report examines the effects the recession has had on California and L.A. County with respect to: poverty, unemployment; income and spending, housing, welfare and safety net impacts, homelessness, health and more. Historical data going back to the 1980s for many indicators, as well as general policy recommendations on many of the issues discussed are presented."
Download Report
 The 2008 edition of the State of the County Report updates the Quality of Life Index. The index, based on 4 areas that gauge society's well-being includes measures of health, economics, education, and public safety. Some of the indicators which make up the index include measures of child poverty, student proficiency in math and reading, housing affordability, wages, gang -related crime, access to health insurance
Download Full Report 
The study shows that recent price declines indicate many communities are moving back toward the historical track of modest equity increases for homebuyers. The findings point out that is still unwise for policy makers to attempt to directly intervene in housing markets to maintain what are historically unprecedented high home prices.
Download Full Report
Assets & Opportunity Special Report:
Net Worth, Wealth Inequality and Homeownership during
the Bubble Years
2007-2008 Assets & Opportunity
Scorecard Guide
Housing Facts & Findings 2006 Vol. 8, No. 4
 Housing Facts & Findings, a Fannie Mae Foundation newsletter, shares knowledge about housing and community development issues. See the write-up on NEW "Most Successful Public/Private Partnership" on page 4.
Download Full Report
2006 Recommended Publications
Download Full Report
Download Executive Summary
Download report.
Download report.
Download Full Report
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Do you believe in creating strong, prosperous, self-sufficient families? Then make a contribution today.
$7,500 "After 3:00"
Provides an afterschool tutor at
one of NEW's eight Learning Centers
$5,000 "Mom Gets Wise"
Provides childcare while parents attend Smart
Consumer and other asset building workshops
$3,500 "Sweet Baby"
Provides diapers, baby products and
children's books to La Posada mothers
$2,500 "Leapfrog into Learning"
Provides four Leapfrog learning devices
at each of NEW's eight Learning Centers
$1,000 "Safety First"
Provides supplies and a certified CPR instructor
at each of NEW's residential buildings
$500 "Art to Grow On"
Provides arts and craft supplies for children at
the Wellness Center and Car Seat Safety Program
$350 "Smile & Say Cheese"
Provides a digital camera for NEW to capture and
celebrate the success milestones of our families
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