Programs & Services

NCST supports neighborhood revitalization through innovative programs, services and tools – including Property Acquisition, technology tools such as REOMatch ®, and funding sources through the REO Capital Fund.

Program Principles:

  • Concentration is key for effective neighborhood stabilization efforts.
  • Coordinated participation from all mortgage servicers gives community leaders a better chance to create solutions to revitalize left-behind neighborhoods.
  • Local governments and non-profit organizations benefit from lower acquisition costs and decreased competition for REO properties and distressed assets when they are transferred through NCST.
  • A stabilized neighborhood benefits all property holders - homeowners, renters, servicers and investors.

Success Stories

Centreville, Maryland - Hogar Hispano, Inc.

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.