This Fannie Mae NSI First Look property was sold for just under $136,000 to one of NCST’s strategic development partners, Rifkin Investments. Rifkin was referred to NCST by the City of Chicago’s Housing Department and worked with one of their development partners to renovate this home that was originally built …
VDR Real Estate, is a minority owned SDP developer in the NSI program. VDR purchased this NSI Enhanced First Look property from Fannie Mae and completely renovated this brick two-flat home in a northwest neighborhood of Chicago called Belmont Cragin. VDR spent almost $150,000 in the rehabilitation of this two-flat …
Greater Chicagoland Fellowship (GCF), an NCST partner for over 10 years, is HUD-certified and has rehabbed over 400 properties during that time including this Freddie Mac NSI First Look property in Romeoville. GCF spent just under $60,000 to rehab this three bedroom, two bath home. Rehab included all new mechanicals …
NCST Chicago based buyer, Community Investment Corporation (CIC) purchased this Freddie Mac Enhanced First Look property located on the West Side of Chicago in the Humboldt Park neighborhood. Total rehab on this property cost $183,000 and was just short of a complete gut renovation which also included the addition of …
KeySay, an NCST community buyer, purchased this three-story, two-unit town house through the Enhanced First Look program. The property interior was very outdated and the exterior had deferred maintenance; there was also a large hole in the roof which exposed the interior to a great deal of water damage. Both …
NCST community buyer, Riklin Investments, acquired this property through the NCST First Look program, and originally planned to rehab this two-story duplex into three affordable rental units by having it rezoned and building out an apartment in the basement. The building is in the Logan Square neighborhood of Chicago, an …
An outdated, vacant condominium is now home to a 25-year veteran high school special education teacher in Crystal Lake, Illinois, who recently divorced and needed a new affordable home near her school. This buyer qualified for a mortgage that only required a $3,000 down payment, and she noted that “right …
Jose and his wife, who are expecting their first child, have taken the step from renting to homeownership with the help of NCST community buyer, KeySay, the NSI First Look program, and Jose’s father. Jose wanted to live close to his Father, and they now do in this affordable, renovated, …
“The NSI First Look program is fantastic as it really helps communities and promotes homeownership,” said Mike Olszewski, of Black Square Midwest, an NCST community buyer. “We feel good about our partnership with NCST, as we’re able to improve area neighborhoods, as well as improve area home values which helps …
An area firefighter, his spouse, and their two young children are now the proud owner-occupants of this three bedroom, two bath home in Harvard, IL. This suburban community offers a more rural feel which attracts families who want to live a quieter, slower pace of life. NCST community buyer, Black …
