About NCST
We are a non-profit organization
that works to restore vacant
and abandoned properties to
productive use and protect
neighborhoods from blight.
About NCST
We are a non-profit organization
that works to restore vacant
and abandoned properties to
productive use and protect
neighborhoods from blight.
Recent Press
Your Input Wanted: DASP and the Alternative Bidding Program for Non-Profit Buyers
As many of you may know, the Department of Housing and Urban Development conducts bulk auctions of delinquent mortgages through a program called Distressed Asset Stabilization Program (DASP). Some DASP sales are large, national auctions, generally dominated by large, private bidders, and some are smaller pools, either pools requiring the winning bidder to achieve certain neighborhood-friendly outcomes or pools that are reserved for nonprofit bidders only.
Success Stories
Rockford, Illinois - WCHA
Winnebago County Housing Authority (WCHA), now in its 75th year of operation, continues to provide housing, self-sufficiency, and enrichment programs to low- and moderate-income families – approximately 20 percent of resident...