NCST helps hundreds of communities by serving as the intermediary for property sales – more than $1 billion to-date – that transform and stabilize neighborhoods. Every one of these dollars is a direct investment in the strength of a community. Neighborhoods once reeling from foreclosures are being reclaimed.
By collaborating with the nation's financial institutions, NCST creates unprecedented access to foreclosed homes for states, cities, and community housing providers (our Buyers). Over the last five years, this access led to more than 19,000 properties being transferred to local housing providers – once distressed properties transformed into affordable, safe homes.
Our work allows local Buyers to preserve property values and bring owner occupants back into neighborhoods. We have helped communities turn around foreclosed and abandoned properties in 48 states. Our Buyers also save money through NCST programs – discounted sales or donated properties conserve resources at the community level, and support everything from deeper rehabilitation work and green building to homebuyer assistance and counseling programs.
We invite you to learn more about our Buyers and their success stories, and to see for yourself the important work they accomplish.
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.