Many working class communities have high rates of vacant & distressed properties - NCST (501c3) works to ensure the properties return to productive use.
Washington, DC
Joined June 2009
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Today, NCST announced its leadership of two national initiatives: the formation of the Homeownership Alliance and NCST joining @neighborworks as a partner in leading the @MiddleNhoods Initiative.
Read the full announcement by visiting our website: bit.ly/2NoGZ9C
The #GroundingValues survey closes on Oct 21! Every community-based development organization should participate! Make your voice be heard! @naceda, @urban institute, @nacedatweets, @urbaninstitute
$27.7 billion dollars went through 5,700 nonprofit community developers in 2018. How much of that money went through BIPOC-led orgs? Take the #GroundingValues survey from the Urban Institute to make sure we get the numbers right. Learn more at naceda.org/grounding-values
NCST is hiring an Executive Assistant for our DC office. Please visit our website, stabilizationtrust.org for more information and how to apply.
New research from Emory University's @RohanGanduri and Gonzalo Maturana shows that when NCST community partners renovate distressed properties, they strengthen neighborhoods bit.ly/3BoZ7dJ
NCST commends the Biden-Harris administration for its plan to address inequity in the home appraisal process. The PAVE action plan will serve all those working to increase the supply of affordable single-family homes, including our Community Buyers. This is a great step forward!
Today, our Administration is announcing the most wide-ranging set of reforms ever put forward to advance equity in the home appraisal process.
Read more:
whitehouse.gov/briefing-room…
The DASH Fund is a Top 25 Finalist for @IvoryInnovati0n's 2022 Ivory Prize for Housing Affordability͏. ͏Learn how DASH is deploying a new funding model to support vulnerable populations here: bit.ly/3HWngsA
National Community Stabilization Trust retweeted
Now that @FHFA did the right thing and rejected the first #dutytoserve plans, here's a blueprint for how @FannieMae and @FreddieMac can create meaningful affordable housing opportunities, courtesy of the #UMMCoalition lincolninst.edu/publications…
NCST applauds the Build Back Better Act’s groundbreaking commitment to affordable housing. Read how these investments can reverse decades of community disinvestment, close the racial wealth gap & help first-generation homebuyers build wealth: conta.cc/3o3KfJE
Investing in #NeighborhoodHomesInvestmentAct-eligible neighborhoods can minimize vehicle miles travelled, gas consumption, suburban sprawl, and traffic congestion. Thank you for prioritizing these provisions, @SenGillibrand & @SenSchumer. #NHIAnow bit.ly/39V73EK
Most #NeighborhoodHomes-eligible neighborhoods are climate-friendly – compact, walkable, transit-accessible, and served by underutilized infrastructure. Let's keep Neighborhood Homes to support these communities. Thanks, @RepRichardNeal. #NHIAnow bit.ly/39UNPPv #NHIAnow
The shortage of decent, affordable entry-level homes is a major barrier to Black homeownership. The #NeighborhoodHomesInvestmentAct will tackle this problem by rehabbing underutilized vacant homes. Thanks for your support, @RonWyden. #NHIAnow bit.ly/39UNPPv
The #NeighborhoodHomes Investment Act will further the future of Wilmington. Thank you, @ChrisCoons, for helping take this over the finish line! @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden bit.ly/39UNPPv
Thank you, @SenSherrodBrown, for your hard work on the #NeighborhoodHomes Investment Act. This legislation will do immense good for Cleveland. @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden bit.ly/39UNPPv
The #NeighborhoodHomes Investment Act will benefit Baltimore immensely. Shout out to @SenatorCardin for championing this legislation. @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden bit.ly/39UNPPv #NHIAnow
#NeighborhoodHomesInvestmentAct tax credits will help stabilize and revitalize neighborhoods of color – those hit hardest by COVID. bit.ly/39V73EK @SenatorCardin @RepBrianHiggins @SenSherrodBrown @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden #NHIAnow
The #NeighborhoodHomesInvestmentAct allows homeowners to improve the energy efficiency of their homes. #NeighborhoodHomes is climate-friendly! bit.ly/39V73EK @SenatorCardin @RepBrianHiggins @SenSherrodBrown @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden #NHIAnow
National Community Stabilization Trust retweeted
The #NeighborhoodHomes Investment Act would generate $29B in federal, state, and local tax revenue, more than its federal budget cost. @SenSherrodBrown @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden
#NHIAnow #NeighborhoodHomesInvestmentAct
63% of #NeighborhoodHomesInvestmentAct-eligible census tracts are majority-minority. Keep #NeighborhoodHomes a priority. #NHIAnow bit.ly/39V73EK @SenatorCardin @RepBrianHiggins @SenSherrodBrown @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden
The #NeighborhoodHomesInvestmentAct is critically important for racial equity & climate change. Thanks to our sponsors, @SenatorCardin, @RepBrianHiggins & @SenSherrodBrown – please keep pushing! bit.ly/39V73EK @SenSchumer @SpeakerPelosi @RepRichardNeal @RonWyden #NHIAnow
This May, @FannieMae and @FreddieMac submitted their Duty to Serve proposals with the intention to more effectively reach underserved mortgage markets. NCST is part of a newly formed coalition urging the @FHFA to make them aim higher. #UMMCoalition bit.ly/3lZr7MX
