Harmony Neighborhood Development Inc

“The 990 is reviewed by the entire board during a full-board meeting.”

“The organization creates an environment hospitable to such disclosures, and status is updated annually during employee performance review.”

“Compensation for the executive director and other officers is recommended and reviewed by the entire board of directors.”

“Compensation for the executive director and other officers is recommended and reviewed by the entire board of directors.”

“Documents are available upon request.”

“Harmony neighborhood development was established in 1998 as new orleans neighborhood collaborative (nondc), a coalition of nonprofit and public partners committed to re-energizing the city's social, physical, and economic landscape by securing support for the delivering technical assistance to small community organizations. In 2006, we partnered with national affordable housing developer mccormack baron salazar in the redevelopment of old cj pete housing project, into the now 460 unit mixed- income harmony oaks apartment. Through a hope vi partnership harmony developed 55 single-family homes for sale to low-to-moderate income buyers to stabilize the neighborhood surrounding harmony oaks. With the funds, we were able to leverage additional dollars to allow us to build an additional 17 homes and 18 affordable rental units. Beyond the development of high-quality homes, harmony continues to invest its resources in the heart of our great city, the people through harmony's wealth and asset building program we bring financial capability to our community at the ground level. Harmony uses financial coaching skills to an underserved population that will create financial behavioral changes in the lives of our participants. This program purposefully uses our skills and knowledge tp support participants in creating the changes they wish to see in their lives so that dreams can become goals, goals can become action steps, action steps can become change. Through the program we want our participants to use the skills and tools they receive in any aspect of goal setting and decision making in their lives so that they can be their best selves for themselves and intentionally meet their goals. Harmony works with families on their short and long-term goals, to include homeownership and small-business development through credit remediation, budgeting, financial counceling/coaching. Harmony has also partnered with other non-profit developers to provide our lmi client with more options in the new orleans and works intensively with our clients to prepare them for homeownership and serves as a mediator in the mortgage relationship all the way to the close table. Through this program, harmony was able to create a pathway to owning the homes harmony built to new orleans natives, leading to 98% of our buyers are native to the neighborhood for which harmony builds.”

“Development of 72 affordable rental units in the lower 9th ward of new orleans. Harmony is also revitalizing a key neighborhood commercial corridor in central city with an intense focus on creating economic opportunity for residents through job training, direct employment and small business development.”

“Adjustment made to correctly state beginning net assets.”

“Cost of property reported on schedule d 1,198,405 partnership expenses reported with income 171,497 cost of property reported on schedule d -1,198,405 partnership expenses reported with income -171,497”