1. 2015 Annual Report

2. BRHN’S 2015 FOOTPRINT
From January 1 through December 31, 2015, BRHN provided direct counseling to 117 families and/or individuals in the Northern Shenandoah Valley.
Provided rental counseling to 24 clients.
BRHN had 29 participants attend the homebuyer Educational Classes.
The foreclosure prevention program provided counseling to 16 new clients.
BRHN has created a homeownership program for residents at or below 80% of the area median income. The program is designed to make successful homeowners. In 2015, 48 clients received pre-purchase counseling and 12 families were able to purchase with the assistance of our down payment program. BRHN provided $171, in down payment and closing cost assistance made available through the Virginia Department of Housing and Community Development and the Northern Shenandoah Valley Regional Commission.

3. 2015 Board of Directors
Officers James Pope – Chairman Jim Wells – Vice Chairman Elaine Kinsey – Treasurer Connemara Tolson - Secretary Directors Melanie Hamel Linda Taylor Debbie Walker Rob Grimm

4. Sponsors Funding for Client Programs:
US Department of Housing and Urban Development (HUD)
Virginia Housing Development Authority (VHDA)
Northern Shenandoah Valley Regional Commission(NSVRC)
VA Department of Housing & Community Development (VADHCD)
Grants:
Front Royal United Way
Wells Fargo
Private Donations:
Melanie Hamel - Weichert, Realtors
Debbie Walker
Sue Ann Goodwin
Robert Grimm

5. AUDITED FINANCIALS YEAR ENDED JUNE 30, 2015 Revenue and support
Down Payment - Grant $171,865.00
Counseling / Education – Grant $ 53,202.21
Grants $ 7,794.72
Program Generated Income $ 14,606.00
Donations $
Bank Interest $
Total revenue and support $247,794.42
Expenses
Grants to clients $171,865.00
Management and general $ 77,401.68
Total Expenses $249,266.68
Change in net assets (1,472.26)