News

NCST serves as an advocate for neighborhood stabilization and blight remediation, and as such, we release articles and also share in press stories with our buyers and sellers to help call attention to their efforts, and to bring more understanding to the continued need for revitalizing our nation’s most vulnerable communities.

  • Innovative Partnership in Chicago Creates New Loan Product to Create and Preserve Affordable Housing Units

    Welcome to fall! As you might have noticed, we often use this space to highlight interesting work in which our buyers are involved, and we’re pleased to share news about a great partnership in Chicago established to help preserve more affordable housing. The Joint Center for Housing…

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  • Fannie, Freddie will stop backing single-family rentals

    Fannie Mae and Freddie Mac, the government-sponsored enterprises that help lubricate the U.S. mortgage market, will stop backing loans for single-family investment homes in a nod to the growing controversies surrounding that marketplace. The Federal Housing Finance Agency, regulator of Fannie FNMA, -2.63% and Freddie FMCC, -2.70%…

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  • NCST Community Buyers Play Critical Role in Stabilizing Middle Neighborhoods

    Since our founding in 2008, NCST has aimed to stabilize neighborhoods by getting distressed properties into the hands of mission-driven, on the ground partners that rehab these properties and who then return them to low- to moderate-income families via affordable homeownership or rental opportunities. Recently, a lot…

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  • The Dark Side of Single-Family Rental

    After the foreclosure crisis, global equity firms snapped up thousands of single-family homes to rent out. This massive shift in the market has not been good for aspiring homeowners, tenants, or neighborhoods. In 2011 single-family home prices hit a two-decade low, and mortgage rates were as low…

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  • Zombie houses in Brookhaven renovated, sold as affordable homes

    A dozen former zombie homes in Brookhaven Town are finding new lives as affordable houses for families who previously had never owned the places where they lived. The nonprofit Suffolk County Landbank, formed five years ago by county officials to buy and resell derelict properties, expects to spend…

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  • Revisiting the National Mortgage Settlement at the State Level

    It’s been 10 years since the housing crisis hit this country and the world’s economy. National Public Radio is currently taking a look back at different aspects of the financial melt-down on its MarketWatch program, including the National Mortgage Settlement, the largest consumer financial protection settlement in…

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  • Community Buyers Using Public Sources of Funds Remain Supported by NCST

    Public sources of funds used to acquire and rehab vacant and blighted homes have been a mainstay for NCST community buyers, particularly municipalities and non-profit housing developers. Federal housing programs such as the HOME Investment Partnership program, Community Development Block Grants, and of course the Neighborhood Stabilization…

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  • Live Free and Die

    A new startup will buy seniors’ homes—and let them live there for life. Is Grandma having trouble with her property taxes? A new Manhattan-based startup wants to buy her house and let her live there, for free, for the rest of her life. This makes sense as…

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  • In Georgia, Sean Hannity is just another landlord hiking the rent

    Fox News host Sean Hannity is one of the most recognizable media figures in America. He has the ear of President Trump. His show is one of the most popular on cable news. But you wouldn’t know it from talking to the tenants at the Meadows, a…

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  • Supply, Supply, Supply

    The only three things that mattered in real estate used to be location, location, location. But these days, it’s supply, supply, supply. Recent headlines echo the same news – “home prices are surging as the housing supply shrinks.” Read more here, and here, and here, and here….

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