This is why NCST works to provide community-based buyers an opportunity to acquire vacant, abandoned and distressed properties as part of their neighborhood revitalization strategy. In fact, through our programs more than $1.5 billion in real estate in our nation’s vulnerable low- to moderate-income zip codes has been transferred to our local partners over the last 10 years.
Our community-based buyers redevelop these distressed properties as affordable housing opportunities which helps raise property values, increase local tax revenue, and attract new residents.
We also work with policymakers, and along with our national and local partners we research solutions and advocate for policies to support communities in addressing high rates of vacant, abandoned, and distressed properties.