Welcome to the Winter 2023 edition of NeighborNews – NeighborWorks Waco’s quarterly newsletter! Click on the image below to view our new digital NeighborNews e-zine.

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Nathan Murphy joined the NeighborWorks Waco team on January 3rd of this year as the Construction Manager. He has over 30 years of experience in residential construction and has a deep appreciation for this profession. Murphy has gained well-rounded experience in a range of construction project applications throughout his career, and he’s looking forward to…

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Payday and auto title loans are short-term, high-interest loans, usually for small amounts but with a very high price tag. These risky loans come with high-interest rates and hefty fees. For example, for a $1000 loan due in a month, the average borrower pays $775 in fees. If payment cannot be made in full, the…

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A dream that many of us have is homeownership. Being a homeowner adds a sense of pride, financial success, equity building, long-term savings, and a strong credit history. And the overall result leads to generational wealth. This means that wealth gained through homeownership is passed down to generations to come. Well, this hasn’t been the…

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Q&A with Melissa Washington, Homebuyer in the Legacy Square Development What barriers did you have prior to working with NeighborWorks that inhibited you from buying your home? I was very fortunate to begin my financial journey through a program the Waco Housing Authority (WHA) offers called Family Self-Sufficiency Program. This program assists those that are…

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The Housing Crisis Continues! Not only have we seen record increases in housing costs over the past year, but now the interest rates have increased to a point where the combination of housing purchase prices and housing financing rates have put homeownership out of reach for even moderate-income potential homebuyers. We are also now seeing…

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I am honored that in the fall of 2022, NeighborWorks Waco (NWW) completed the Legacy Square home development project on the historical location of the former R L Smith Campus in East Waco. Serving on the NeighborWorks board for 6 years and now serving as the board chair is a continued passionate thread of my…

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