Local housing providers and developers (buyers) need access to the problematic, abandoned, low-value properties in left-behind neighborhoods to make a sustainable impact in these communities. NCST establishes relationships with financial institutions, servicers and other entities (sellers) that manage these properties to provide that access. Seller participation is vital to successful community efforts.
The following financial institutions currently work with NCST:
- Fannie Mae
- Freddie Mac
We acknowledge the financial institutions we have worked with over the last 10 years to stabilize neighborhoods: Bank of America, JPMorgan Chase, Citi, GMAC, HUD/FHA, Minnesota Housing Finance Agency, US Bank, US Bank Home Mortgage, and Wells Fargo.
Please contact NCST if you are a Seller interested in learning more about innovative solutions to stabilizing hard hit neighborhoods through the transfer of distressed properties or notes.