As a Community Development Financial Institution (CDFI), NeDA plays a critical role in increasing access to affordable housing. We develop, own, and manage 200+ affordable rental properties in St. Paul’s West Side and Mounds Park neighborhoods while actively expanding affordable homeownership opportunities in the community. Additionally, we provide home rehab loans in partnership with Minnesota Housing, the City of St. Paul, and NeDA’s own lending programs—ensuring that families across the metro area have the support needed to maintain and improve their homes. Our targeted outreach ensures that Latino households have equitable access to these essential programs, fostering strong and thriving communities.
"> Neighborhood Development Alliance (NeDA) is dedicated to closing the homeownership equity gap by empowering Latino families in the Twin Cities Metro area with the knowledge, resources, and financial tools needed to build generational wealth. We provide culturally responsive homebuyer education workshops, one-on-one financial and housing counseling, and access to asset-building programs such as Individual Development Accounts, Credit Builder Loans, Debt Management Plans, and Home Improvement Loans. Our approach is centered on collaboration—working alongside families to reduce debt, increase savings, and improve credit scores, ensuring long-term financial stability and homeownership success.As a Community Development Financial Institution (CDFI), NeDA plays a critical role in increasing access to affordable housing. We develop, own, and manage 200+ affordable rental properties in St. Paul’s West Side and Mounds Park neighborhoods while actively expanding affordable homeownership opportunities in the community. Additionally, we provide home rehab loans in partnership with Minnesota Housing, the City of St. Paul, and NeDA’s own lending programs—ensuring that families across the metro area have the support needed to maintain and improve their homes. Our targeted outreach ensures that Latino households have equitable access to these essential programs, fostering strong and thriving communities.
"> skip to contentNeighborhood Development Alliance (NeDA) is dedicated to closing the homeownership equity gap by empowering Latino families in the Twin Cities Metro area with the knowledge, resources, and financial tools needed to build generational wealth. We provide culturally responsive homebuyer education workshops, one-on-one financial and housing counseling, and access to asset-building programs such as Individual Development Accounts, Credit Builder Loans, Debt Management Plans, and Home Improvement Loans. Our approach is centered on collaboration—working alongside families to reduce debt, increase savings, and improve credit scores, ensuring long-term financial stability and homeownership success.
As a Community Development Financial Institution (CDFI), NeDA plays a critical role in increasing access to affordable housing. We develop, own, and manage 200+ affordable rental properties in St. Paul’s West Side and Mounds Park neighborhoods while actively expanding affordable homeownership opportunities in the community. Additionally, we provide home rehab loans in partnership with Minnesota Housing, the City of St. Paul, and NeDA’s own lending programs—ensuring that families across the metro area have the support needed to maintain and improve their homes. Our targeted outreach ensures that Latino households have equitable access to these essential programs, fostering strong and thriving communities.
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