Law Dictionary

To search for a particular term please use the following search box.

Neighborhood Reinvestment Corporation

was created by the Housing and Community Development Act of 1978 to help establish locally run self-help coalitions of business leaders, residents, and local government officials, called Neighborhood Housing Services (NHS) programs, that encourage communities to revitalize depressed urban neighborhoods and thus make home financing more attractive in these areas.

Source : U.S. Department of the Treasury

Language : English

Return

Return to Law Dictionary Index