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New Level Community Development Corporation

New Level Community Development Corporation is a community development corporation that has received one AFI grant since 2011.

New Level CDC emphasizes homeownership, with some IDAs utilized for business and postsecondary education purposes, with the goal of serving 37 eligible participants over 5 years and providing a 1:2 match for savings. This grant has been successful in delivering solutions to economic challenges affecting people by focusing on three key areas: financial stability, wealth building, and comprehensive housing services, including affordable housing development.

Partners

New Level CDC partners with Nashville Area Habitat for Humanity and Safe Haven Shelter to provide housing assistance referrals and social services.

Assets for Independence Grant History

Name	Amount	Start Date	End Date
90EI0675	$56,000	6/1/2011	5/31/2016

Project Title

Individual Development Account Program

Highlights/Outcomes

7 IDAs have been opened.

20 participants have received financial education.

$5,263 saved by participants.

2 participants have purchased an asset.

Total AFI Funding

Total AFI Grant Funding: $56,000
Total Non-Federal Support: $56,000

Focus Population

This grant focuses on the low-income population in Metro Nashville, Davidson County, with a concentration on individuals and families applying to the Nashville Area Habitat for Humanity.

Contact

New Level Community Development Corporation
1112 Jefferson Street
Nashville, TN 37208
(615) 627-0347