About NCST

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

About NCST

We are a non-profit organization
that works to restore vacant
and abandoned properties to
productive use and protect
neighborhoods from blight.

Property
Acquisition

We link the distressed inventories, both property and notes, of financial institutions (Sellers) with local housing providers.

more...

REO
Match®

Our web-based property transaction and mapping portal brings a high tech touch to the art of neighborhood stabilization.

more...

REO
Capital Fund

Our network of participating community development financial institutions (CDFIs) provides financing for the acquisition and rehabilitation of distressed properties.

more...

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...