NEIGHBORHOOD HOUSING SERVICES OF MINNEAPOLIS INC
To promote and preserve affordable homeownership in targeted neighborhoods of Minneapolis through homebuyer education and counseling, home improvement lending and consulting, post-purchase training, and downpayment assistance.
About NEIGHBORHOOD HOUSING SERVICES OF MINNEAPOLIS INC
Neighborhood Housing Services of Minneapolis (NHSM) is a Minneapolis-based 501(c)(3) organization focused on preserving and promoting affordable homeownership in inner-city neighborhoods through counseling, loans, buyer education, and post-purchase supports. In 2015 NHSM merged its programmatic and lending stewardship with the City of Lakes Community Land Trust (CLCLT); NHSM continues as a distinct nonprofit entity while its loan funds and some program administration are stewarded in coordination with CLCLT. NHSM has historically provided homebuyer training (including language-accessible classes), downpayment assistance, home improvement lending, and post-purchase maintenance and equity-protection counseling. NHSM remains an active tax-exempt organization with recent Form 990 filings through fiscal year ending December 31, 2023. In 2023 the organization reported modest program revenue and material investment income while holding multi-million-dollar net assets that support its lending and stewardship activities; its previously public-facing website (minneapolisnhs.org) is currently inactive and the organization is visible through partner and nonprofit directory listings and filings.
Notable achievements
Strategic merger with CLCLT (2015)
Merged operations with the City of Lakes Community Land Trust in 2015, transferring stewardship of NHSM community loan funds to CLCLT and strengthening long-term stewardship of affordable-homeownership assets.
Sustained homeownership programming
Maintained core programs — homebuyer education, downpayment assistance, home improvement lending and post-purchase counseling — serving Minneapolis inner-city neighborhoods and offering language-accessible training through community partners.
Maintained significant stewardship assets
Held total assets in the multi-million-dollar range as of the 2023 fiscal year, providing capital capacity for lending and long-term program stewardship.
At a glance
- Total assets
- $2.7M
- Annual revenue
- $84K
- Tax status
- 501(c)(3)Public charity
- EIN
- 41-1386993
- Location
- Minneapolis, MN
- On Mahalo since
- May 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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