In 1989, Neighborhood Housing Services of NYC (NHSNYC) and the New York City Department of Housing Preservation and Development (HPD) approved an NHS office for Bedford-Stuyvesant. In December 1991, Roosevelt Savings Bank initiated a $100,000 challenge grant, matched by Independence Savings Bank, Emigrant Savings Bank, Rhodebeck Charitable Trust, The Dime Savings Bank of New York, and Carver Federal Savings Bank. By 1996, M&T Bank, Fleet Bank, NA, and Astoria Federal Savings Bank also joined as funders.

Neighborhood Housing Services of Bedford-Stuyvesant (NHSBS) began its work in April 1992, with a ribbon-cutting ceremony at 1012 Gates Avenue in June 1992. On December 31, 2016, NHSBS became an independent HUD-certified 501(c)(3) organization, rebranding as Brooklyn Neighborhood Services (BNS).

Brooklyn Neighborhood Services (BNS) is a non-profit dedicated to empowering the Brooklyn community through education and counseling for financial stability and long-term home ownership. BNS provides guidance in home ownership, foreclosure intervention, home maintenance, rental housing, and financial literacy for youth and adults, helping to build a promising and resilient future.