NCST Announces President Departure
NCST Announces President Departure Dear NCST Partners: I’m writing with mixed emotions to let you know that Julia Gordon, president of NCST, will depart the organization as of March 31. As many of you know, Julia has been nominated for the FHA Commissioner position at the Department of Housing and Urban Development, and while she […]
CDM Corner: Trumbull County Land Bank
CDM Corner: Trumbull County Land Bank By Chris Garland, Community Development Manager While much of our work at NCST focuses on the approaches that our community partners throughout the county employ to rehabilitate vacant homes, we shouldn’t lose sight of the crucial importance of activating vacant land. With that thought, I’d like to introduce you to […]
CDM Corner: How Harvey Changed a Neighborhood
CDM Corner: How Harvey Changed a Neighborhood By Racquel Reddie, Managing Director of Community Development One house can certainly tell a story but when you look at house after house on the same street in the same community a more complex story begins to unfold. Such was the case with a Houston property on Ivy Wall […]
NCST Comments on Fannie Mae and Freddie Mac Capital Standards
NCST Comments on Fannie Mae and Freddie Mac Capital Standards Earlier this month, NCST joined the Center for Responsible Lending and 12 other organizations to comment on the Federal Housing Finance Agency’s (FHFA’s) re-proposed rule on capital requirements for Fannie Mae and Freddie Mac. When finalized, FHFA’s capital framework will have significant impact on Fannie and Freddie’s overall […]
CDM Corner: The New Normal
CDM Corner: The New Normal By Racquel Reddie, Managing Director for Community Development The reality of COVID-19 has hit us squarely in the gut as individuals, businesses, local/federal governments as well as the real estate industry. It’s a public health crisis that has had an unprecedented and direct impact on the housing industry and all related […]
Legislative Update
Legislative Update COVID-19 Update Congress continues to be at a standoff about how to respond to the ongoing health care and economic needs caused by the COVID-19 pandemic. The expanded unemployment benefits that were enacted in March to help buffer the economic impacts expired last week. The moratorium on evictions of renters in properties with […]
Letter from Julia Gordon, President of NCST
Letter from Julia Gordon, President of NCST We are all reeling from the recent demonstrations of racial inequality in our nation. We can only hope that the recent horrors of police violence and the disproportionate impact of Covid-19 on communities of color has shown light on the fact that these problems are not just outliers […]
National Community Stabilization Trust Announces Leadership of Two National Initiatives
National Community Stabilization Trust Announces Leadership of Two National Initiatives Washington, DC – Today, the National Community Stabilization Trust (NCST) announced its leadership of two national initiatives. First, NCST announced the formation of the Homeownership Alliance, which will advocate for more resources and better policies to increase affordable homeownership opportunities for American families. Second, NCST announced it will […]
Pledge to Work for Racial Equity and Strong Communities of Color
Pledge to Work for Racial Equity and Strong Communities of Color The National Community Stabilization Trust mourns the deaths of George Floyd, Breonna Taylor, and far too many others who have died as a result of racialized police brutality. As an organization committed to strengthening neighborhoods of color and promoting racial equity in homeownership, NCST […]
CDM Corner: Housing’s contribution to health and well-being
CDM Corner: Housing’s contribution to health and well-being By Racquel Reddie, Managing Director of Community Development Housing’s contribution to health and well-being Researchers on health have long recognized that factors beyond access to doctors and hospitals and heredity have an impact on how healthy people are. Factors like education, income, food insecurity, and unemployment all […]