Nehemiah Corporation of America
Nehemiah Corporation of America is a non-profit organization based in Sacramento, California specializing in homeownership, affordable housing and community development. It started in 1994 as a small organization, but grew to prominence later in the 1990s after it developed a program that allowed home buyers to make down payments on their purchases using funds that were derived from the home sellers. This program, the Nehemiah Program, became popular and was widely emulated, giving birth to what came to be known as the seller-funded down-payment assistance industry. The industry attracted criticism from U.S. federal agencies (particularly the Government Accountability Office and the Internal Revenue Service) and was ultimately shut down in 2008 by a change in federal law.
New England Westinghouse Company
The New England Westinghouse Company is a former division of Westinghouse Electric. It was founded in 1915 in East Springfield, Massachusetts. Its primary purpose was to fulfill a contract to produce 1.8 million Mosin–Nagant rifles for Czar Nicholas II of Russia during World War I. In order to produce the rifles, they purchased the J Stevens Arms & Tool Company in Chicopee Falls, MA on 1 July 1916 and acquired all its holdings which included firearms and tool manufacturing facilities, and the Stevens-Duryea automobile factory. They sold the tool manufacturing portion of Stevens and shut down production of Stevens-Duryea automobiles and civilian firearms. The remaining Stevens firearms facility was renamed the J Stevens Arms Company and its machinery was retooled to meet the Mosin–Nagant contract. After some 770,000 rifles had been produced, the Czar was deposed, the Russian government defaulted on the contract, and New England Westinghouse did not receive payment. The company entered hard times and started producing M1918 Browning Automatic Rifles at the former Stevens-Duryea factory that was originally constructed for car manufacturing in 1912. In 1920 they sold the J Stevens Arms Company to Savage Arms but kept the automobile factory for use producing commercial products for Westinghouse Electric. In 1921, the Stevens-Duryea factory was the location of the first broadcasts of WBZ (AM), the first commercial radio station in the United States.