Saturday, November 1, 2014
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NHS President and Chief Executive Officer, Lori Gay

 

The NHS has been establishing, protecting, and preserving lifelong homeowners for over 28 years.

 

“NHS helped me be creative about budgeting. The financial education class [was] very helpful…it gives you a really good understanding of everything about buying a house.  NHS gave me the feeling that it’s not just a job they’re doing but that they really want to help you.”  - The Torres Family

 

The Neighborhood Housing Services of Los Angeles County (NHS) has been establishing, protecting, and preserving lifelong homeowners for over 28 years. They have been committed to creating lifelong homeownership and sustainable communities throughout Los Angeles County.  

 

NHS serves as a catalyst for local residents, business and government representatives to work together to build stronger neighborhoods, improve the quality of life for families of modest means and to revitalize communities into neighborhoods of choice.  

 

“I will tell anyone to go to NHS.  First of all the foreclosure services are free.  You’re not dishing out money and getting broken promises.  NHS doesn’t talk to you like a lawyer; they talk to you like a friend.  They made it so easy for us to work with them and help us through our loan modification.” – The Beck Family

 

As a result, communities are strengthened through the development and maintenance of quality affordable housing, creation and preservation of affordable homeownership opportunities, support of local leaders, providing financial education and increasing the financial independence of families and people in need.  

 

Lori R. Gay is the president and chief executive officer of NHS and has worked in the community development field for over 25 years and has focused her efforts on rebuilding impoverished communities and creating mechanisms for community empowerment and ownership.

 

She is a board member of the National NeighborWorks® Association and a member of the FDIC’s Alliance for Economic Inclusion Steering Committee and the JP Morgan Chase Advisory Council.  Some of her activities have included serving as chair of the California Organized Investment Network (COIN) and as a former board member of the California Housing Finance Agency (CalHFA), and Federal Reserve Bank of San Francisco, Los Angeles Branch.

 

Gay has worked for NHS since 1990, holds an MBA degree from Pepperdine University and a B.S. degree in Development, Resource and Consumer Economics from the University of California at Davis. She is a licensed minister, married to Bob Gay, and mother of five children.  

 

“[At] Taste of Soul, we certainly plan to be available to families,” said Gay. “[MLK] and Crenshaw is our spot [in front of Macy’s].”

 

“We’ll be hosting NHS Housing Pavilion and we’ll be available with about 20 of our counselors to talk to families who may be facing foreclosure.” 

 

Since 1984, NHS has reinvested nearly $2.7 billion into neighborhoods throughout the county.  As a part of our work, we have developed and rehabilitated more than 13,200 housing and commercial units, put 2.6 million families on the road to homeownership, created 178 block clubs, and employed 200 neighborhood youth.  As a lender to these underserved communities, NHS has maintained a loan portfolio with a 5% or less delinquency ratio. NHS is the largest, non-profit, affordable homeownership provider in Southern California.

 

For more information about NHS of Los Angeles County, visit www.lanhs.org or 

call 888-895-2NHS (647).

 

 

 

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