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NCST’s work increases access to homeownership, promotes resilient neighborhoods, and advances racial equity by advocating for policy change.
For years, Hubzu has worked hand in hand with NCST, offering REO inventory to their community of home buyers. Today’s announcement marks an expansion of this relationship to include Hubzu REO inventory under FHA’s CWCOT second chance program, demonstrating the parties’ unwavering commitment to transforming housing dreams into reality.
“Our ongoing collaboration with NCST signifies a pledge to uplift communities, ensuring that every American, regardless of their background, has access to affordable housing,” said Travis Britsch, General Manager, Hubzu. “By opening doors to the CWCOT second chance homes, we’re reinforcing our commitment to creating thriving neighborhoods and empowering homeowners.”
“Homeownership is a critical tool for wealth-building, particularly for people of color and low- and middle-income Americans,” said Christopher Tyson, President of NCST. “NCST is proud to work with Hubzu to allow the dream of homeownership to stay alive for thousands of American families and to help stabilize communities across the country amidst a worsening housing affordability crisis.”
Hubzu and NCST remain dedicated to leading change, striving for a more inclusive housing market, and fostering community growth. Their strengthened collaboration solidifies a vision for an equitable future, ensuring everyone can call a place home. To date, NCST has returned 28,000 distressed properties to productive use in communities across the country.
The full article can be found here
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Please reach out to the following NCST staff for comments on housing policy:
Carlos Alcazar, Chief Operating Officer
NCST’s work increases access to homeownership, promotes resilient neighborhoods, and advances racial equity by advocating for policy change.