The foreclosure crisis impacted many homeowners and that impact still reverberates today. However, in many neighborhoods the debilitating effects of blight, neighborhood decay and reduced property values started before the crisis. We are keenly focused on these areas - often called left-behind neighborhoods – and dedicated to helping the homeowners, local community housing providers (Buyers) and financial institutions (Sellers) find the right solutions.
We share in press stories with our Buyers and Sellers to help call attention to their efforts, and to bring more understanding to neighborhood stabilization. Our team members speak at and attend industry conferences to learn more about the best practices and latest efforts to revitalize neighborhoods from our country's top practitioners. As an advocate for neighborhood stabilization, we share resources to help homeowners and community buyers find needed information and tools.
Hogar Hispano, Inc. purchased this Maryland single-family home and transformed it with more than $21,000 in rehabilitation to a family-ready home for a buyer who was at 67% of AMI. The family wanted to have their own place with a yard to call home for their children.