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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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…
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
National Community Stabilization Trust retweeted
Here’s what the federal government should do to grab the opportunity to create affordable housing. bit.ly/2HE124H
Of interest to: @HUDgov @USTreasury @_NCST @OppFinance @CDFIFund @natlhoussingconf @BPC_Bipartisan
National Community Stabilization Trust retweeted
Through partnerships with @_NCST and Community First, Renew has many foreclosed properties for sale. Check out these properties with great potential. public-indy.epropertyplus.co…
National Community Stabilization Trust retweeted
.@JRGordonDC works to preserve naturally occurring affordable housing. @_NCST works to ensure homes involved in Distressed Sales can be sold to owner-occupants to help reduce the racial wealth gap. #NFHAconference2020
National Community Stabilization Trust retweeted
"The historic roots of the community land trust model are intimately linked with the goals of the national civil rights movement," - @Tonypmc, CEO of @GroundedNetwork urbn.is/2VrWpPQ
National Community Stabilization Trust retweeted
How can we keep affordable apartments and single-family homes out of the hands of institutional investors if the pandemic leads to a giant wave of evictions and foreclosures? bit.ly/2FJsyNd
@CNYCN @NJCLF @_NCST @UrbanLandC
National Community Stabilization Trust retweeted
JUST RELEASED: Our 2020 Fair Housing Trends Report sheds light on the role housing discrimination plays in many aspects of our society, including the current #COVID19 pandemic. Learn more and read the report: bit.ly/35Gc4QE.
National Community Stabilization Trust retweeted
Upcoming webinar that explores practical ways to engage communities during the COVID19 pandemic. Hosted by @neighborworks @_NCST @CProgressNews and @MiddleNhoods bit.ly/3m8fW2v
National Community Stabilization Trust retweeted
The Trump Administration Guts Critical Anti-Discrimination Tool Used to Create Opportunity in Housing and Lending. Fair housing is not a partisan issue. It is a HUMAN RIGHT!
#DefendCivilRights
A primary legal tool used to identify and eliminate discrimination, known as the #DisparateImpact standard, has been decimated by a new final rule issued late Friday by the U.S. Department of Housing and Urban Development @HUDGov #KeepHousingFair responsiblelending.org/media…
National Community Stabilization Trust retweeted
Higher Mortgage Costs and Reduced Credit Availability Would Result from FHFA Proposed Capital Rule for @FannieMae and @FreddieMac, Coalition Says - Recommendations for the housing regulator to fulfill its and the GSEs statutory public mission responsiblelending.org/media…
National Community Stabilization Trust retweeted
Join Ta-Nehisi Coates: ‘Racial Equity & Housing Justice During/After COVID-19’! - mailchi.mp/nlihc.org/coates_…
National Community Stabilization Trust retweeted
New research has revealed for the first time that some Asian American and Pacific Islander (AAPI) mortgage borrowers are paying far more for their loans than others.
More: ncrc.org/mortgage-lending-in… #JustEconomy
National Community Stabilization Trust retweeted
The Neighborhood Homes Investment Act—targeted for census tracts with lower home prices, lower resident incomes, and elevated rates of poverty—is gaining bipartisan support. bit.ly/3b4zAY2
@_NCST
National Community Stabilization Trust retweeted
A nonprofit in Baltimore @blackwomenbuild works with Black women to restore abandoned houses and then sells the houses to the women at affordable prices. bit.ly/3iyYLED #AffordableHomes #BlackHomeownership
National Community Stabilization Trust retweeted
NCRC’s analysis found that in addition to facing higher interest rates & closing fees, same-sex borrowers were also more likely to be denied home loans, and less likely to see their applications for home purchase loans result in originations. #JustEconomy ncrc.org/lending-discriminat…
National Community Stabilization Trust retweeted
“This Moment Calls for Finally Making Homeownership Access Fair.” via @Shelterforce #homeownership #housingaccess #realestate shelterforce.org/2020/07/15/…
National Community Stabilization Trust retweeted
We are currently in a housing crisis because of record unemployment from COVID-19. In Lab 029, Michael Neal from the Urban Institute, takes us through the recent events that are expected to leave ~40M Americans facing eviction. Listen on @Spotify or wherever you get your podcasts
National Community Stabilization Trust retweeted
CDFIs like LISC have worked for decades to help communities overturn the economic and social impact of systemic racism. @WSJ’s @TheAmaraReport covers the renewed interest in CDFIs post-#Covid19, and how we can sustain the momentum for #RacialEquity. wsj.com/articles/renewed-foc…
National Community Stabilization Trust retweeted
@FHFA should withdraw the GSEs' new adverse market fee, especially in light of #COVID-19's weakening impact on the economy and LMI homeowners. @nationalfairhousing @MBAMortgage @REALTIST_NAREB @NAHREP @nardotrealtor @ICBA @_NCST @natlhousingconf @NAHBhome @ABABankers @CUNA
The publicly-backed @FannieMae & @FreddieMac are imposing a new fee that will make refinancing the typical home mortgage $1,400 more expensive. Industry & housing advocates united to call for @FHFA to rescind its approval of the fee. responsiblelending.org/media…
ALT Statement on New Home Refinancing Fee