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440 Simons, Magner and Baku <br />Exhibit 2 1 Sample Cities and Organizations <br />NeighborWorks® Organization <br />Substantial <br />Rehabs <br />Owner- <br />Occupied <br />Rehabs <br />New <br />Occupant <br />Rehabs <br />Staff <br />City <br />Population <br />Aberdeen NHS, Inc. (WA) <br />28 <br />30 <br />4 <br />7 <br />16,565 <br />Neighborhood Conser. Serv, of <br />46 <br />77 <br />36 <br />5 <br />27,623 <br />Barberton, Inc. (OH) <br />Neighborhoods Inc. of Battle Creek (MI) <br />105 <br />70 <br />152 <br />25 <br />53,540 <br />Kansas City, Kansas, NHS, Inc. (KS) <br />25 <br />55 <br />2 <br />3 <br />149,767 <br />NHS of LaGrange, Inc. (GA) <br />15 <br />25 <br />4 <br />5 <br />25,597 <br />Manchester NHS, Inc. (NH) <br />28 <br />35 <br />25 <br />7 <br />99,567 <br />NHS of New Orleans, Inc. (LA) <br />37 <br />16 <br />50 <br />9 <br />496,938 <br />NHS of Phoenix, Inc. (AZ) <br />13 <br />0 <br />29 <br />6 <br />983,403 <br />NHS of San Antonio, Inc. (TX) <br />15 <br />22 <br />3 <br />9 <br />935,933 <br />San Diego NHS, Inc. (CA) <br />22 <br />17 <br />15 <br />5 <br />1,110,549 <br />Total <br />347 <br />320 <br />Sample Mean <br />33.4 <br />35 <br />32 <br />8 <br />389,948 <br />Revolving Loan Fund® is that it leverages investment from private and public <br />sources. In 2001, the network's affordable housing and community revitalization <br />activities resulted in $1.4 billion in investment in their service areas, of which the <br />Revolving Loan Fund constituted $90 million. During the year the research was <br />undertaken (1997), the Neighborhood Reinvestment Network members' single- <br />family home rehab program produced 4,764 units, of which 1,425 units (30%) <br />were in conjunction with their new homeownership program. <br />Data Gathering and Background Information <br />In collaboration with the Neighborhood Reinvestment home office, two survey <br />instruments were created, the first a general one for NeighborWorks executive <br />directors, the second more detailed for a project -by -project analysis. Site visits <br />and instrument pre-tests were also made in Barberton, Ohio; Baltimore, Maryland; <br />and Cleveland, Ohio. <br />Cities were also contacted directly to determine the local tax structure and <br />subsidies offered to encourage housing rehabilitation in each community. The <br />matrix of costs included administrative support for each NeighborWorks member, <br />several types of loans, grants and others. Local benefits included direct property <br />tax, indirect property tax (neighborhood effects, discussed below), loan repayment, <br />20 <br />