Housing Group Raises $317,000 at Anniversary Gala
Neighborhood Partnership Housing Services marked its 35th anniversary with a fundraiser supporting down payment assistance for first-time buyers.
Updated on Nov. 9, 2026 in Philanthropy
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Neighborhood Partnership Housing Services held its 35th anniversary gala at Riverside Municipal Auditorium on Friday, Oct. 16, and raised $317,000. The funds will support down payment assistance programs for first-time homebuyers.
Why it matters
Mortgage financing remains difficult for many families, and banks tightened lending requirements during the COVID-19 pandemic. NPHS President Clemente Arturo Mojica called for greater cooperation among financial institutions, community leaders and policymakers on affordable housing.
The organization raised $317,000 at its 35th anniversary gala, a figure directed to down payment assistance for first-time buyers. Galas are held every five years, with smaller sunset receptions in the interim years.
The players
Neighborhood Partnership Housing Services
A nonprofit that provides housing and finance solutions for underserved families in the Inland Empire.
Clemente Arturo Mojica
President of Neighborhood Partnership Housing Services, who called for greater cooperation on affordable housing.
The details
NPHS provides housing and finance solutions for underserved families in the Inland Empire. The organization has expanded its role in affordable housing and homeownership for low- and moderate-income families, and officials emphasized increasing the supply of affordable starter homes over high-priced projects.
Timeline
2020: COVID-19 pandemic prompts banks to tighten lending requirements.
Friday, Oct. 16: NPHS holds its 35th anniversary gala at Riverside Municipal Auditorium.
Market Landscape
Banks tightened lending requirements during the COVID-19 pandemic, and some banking partners have since begun offering more flexible options such as down payment and closing cost assistance. NPHS's fundraising for down payment aid positions it alongside these lenders in widening first-time buyer access.
Prospective first-time buyers in the Riverside area may find down payment assistance available through NPHS programs funded by the gala. Eligibility and application details were not included in the source material.
The takeaway
Down payment assistance can narrow the gap between saving and buying for first-time homebuyers facing tighter lending standards. Residents interested in homeownership programs may want to contact local housing nonprofits directly to learn about available support.
Further reading
For related coverage, see Philanthropy in Riverside.
Source note: This article includes information reported by Inland Empire Community News.
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