In the middle of a housing crisis, tariffs on goods imported from other countries threatens to both strain the homebuilding processes and increase home prices. ? With rising taxes on lumber and drywall coming from China, Mexico, Canada and beyond, the National Association of Home Builders estimates that the new tariffs could increase builder costs anywhere from $7,500 to $10,000 per home. These costs on imports will leave builders with no choice but to slow development and pass higher costs to homebuyers, making homeownership even less affordable than it already is. Read more about how tariffs will exacerbate the housing crisis:
NCST (National Community Stabilization Trust)
房地产
Washington，D.C. 1,678 位关注者
Reclaiming vacant homes builds strong neighborhoods
关于我们
The U.S. housing market remains extremely uneven. While some areas have rebounded significantly from the recession and have a robust housing market, others – especially communities of color, lower-income areas, and cities where economic activity remains depressed – continue to grapple with high rates of vacant and distressed properties that weaken nearby home values, create health and safety risks, lower local tax revenues, and thwart neighborhood revitalization. NCST is a non-profit organization that works to restore vacant properties to productive use and protect neighborhoods from blight. Our programs facilitate the rehabilitation of vacant but structurally sound homes, enable safe, targeted demolition when needed, and support productive re-use of vacant land. We support neighborhoods and fight blight: - Provide community buyers an opportunity to acquire vacant and distressed properties as part of a neighborhood revitalization strategy. - Partner with Fannie Mae and Freddie Mac in their Neighborhood Stabilization Initiative. The NSI partnership offers Fannie and Freddie REO properties to local housing and community development orgs in 18 strategic markets. - Own and manage distressed mortgages through The ReClaim Project. Along with HPN we manage a portfolio of highly distressed mortgages to resolve delinquencies, assist homeowners, and prepare vacant properties for productive disposition. - Work with policymakers and serve as an advocate. Along with many national and local partners, including our six sponsors, we research solutions and advocate for policies to help communities address blight and high rates of vacant, abandoned, and distressed properties. - Offer financing to support local housing work. Our REO Capital Fund aggregates capital from philanthropic and social investment sources to provide flexible financing. For more information about NCST, visit StabilizationTrust.org.
- 网站
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https://www.stabilizationtrust.org
NCST (National Community Stabilization Trust)的外部链接
- 所属行业
- 房地产
- 规模
- 11-50 人
- 总部
- Washington，D.C.
- 类型
- 非营利机构
- 创立
- 2008
- 领域
- Affordable Housing Solutions for Neighborhood Stabilization、Technology Solutions for Neighborhood Stabilization和Financing Solutions for Neighborhood Stabilization
地点
NCST (National Community Stabilization Trust)员工
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Carlos Alcazar
Chief Operating Officer at National Community Stabilization Trust
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Bernadette Jones
Administrative Manager
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Shaker Rabban
Asset Management Planning Director at Minnesota Department of Transportation Founder/Owner Firefly Sauna
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Kristin Siglin
Affordable housing and community development expertise, federal policy advocate, nonprofit manager
动态
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Join us on Wednesday, March 19th, 12:30 pm - 1:30 pm EST for our March Community Impact Briefing. Our guest speaker will be Julia Gordon, Former Assistant Secretary for Housing & FHA Housing Commissioner at U.S. Department of Housing and Urban Development Understanding the importance of the ongoing need to increase housing supply using impactful housing policies continues to be one of the top priorities for those that support the production and preservation of affordable housing. Please join us to hear Julia's reflections regarding her time as Assistant Secretary for Housing and FHA Housing Commissioner at HUD and what she believes are the most important ways to keep housing a top priority. Register here: https://lnkd.in/e4DtxQkf
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Register at https://lnkd.in/eHm6iHeD In partnership with Freddie Mac and Smart Home America, NCST is hosting a series of training events to introduce disaster and weather resilient construction methods. The trainings will focus on high wind, wind-driven rain, and hail, with a separate training focused on wildfire-resistant standards. These trainings will provide real estate housing developers with an introduction to the FORTIFIED Home? standard, as well as additional information and tools to complete rehabs to standards that better protect and increase the resiliency of single-family housing inventory across the country. Register at https://lnkd.in/eHm6iHeD
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NCST is proud to be one of the grantees selected by JPMorganChase to support affordable housing and homeownership in Atlanta. We also salute the other grantees: Atlanta Neighborhood Development Partnership, the Community Foundation for Greater Atlanta, Westside Future Fund, and Local Initiatives Support Corporation (LISC). NCST is leveraging this grant to support a broader effort to grow the capacity of community development organizations to address heirs property issues through our Black and Latino Middle Neighborhoods Heirs Property Partnership. Our Atlanta partner is HouseATL, and we are excited to support their efforts to preserve homeownership and grow generational wealth for Atlanta families. Thanks to our partner, JP Morgan Chase, for your leadership and partnership on this important issue.
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Congratulations to our President, Christopher J. Tyson, who is one of Howard University’s 2025 Distinguished Alumni Award recipients. Throughout his career he has prioritized community service and social impact, and the following feature captures a page from his career story that continues to resonate today in his work leading NCST. Click, read, like, and share. Congratulations Chris!
Board Trustee Christopher J. Tyson (B. Arch.’98) credits Howard University for shaping his commitment to public service. Tyson, president of the National Community Stabilization Trust, is honored this year with the Alumni Award for Distinguished Postgraduate Achievement. In his role at NCST, he spearheads initiatives to promote affordable homeownership, stabilize neighborhoods, build community wealth, and advance racial equity. “Howard was an incredible experience, both academically and personally,” Tyson said. Read more on The Dig https://lnkd.in/enviwG_V
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Maureen Yap, Vice President of Public Policy and Senior Counsel for Fair Lending at the National Fair Housing Alliance (NFHA) will be our guest speaker. ? The new administration has issued Executive Orders and has taken certain actions that appear to track with Project 2025. Project 2025 was authored by the Heritage Foundation as a conservative agenda for the new administration to drastically transform the federal government. Please join us to hear about the regulatory and legislative impacts these 2025 Executive Orders will have on housing, lending and technology sectors. "The National Fair Housing Alliance? leads the fair housing movement. NFHA works to eliminate housing discrimination and ensure equitable housing opportunities for all people and communities." Click here to register: https://lnkd.in/eJRF2YdT
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NCST (National Community Stabilization Trust)转发了
We cannot talk about middle neighborhoods without talking about the growing economic disparity between majority white and majority minority middles. The historically Black middle neighborhoods of Greater Chatham on the south side of Chicago have seen stagnant home value appreciation over the past 50 years, in line with Black middles across the city. Chicago's white middles, in contrast, have seen rapidly appreciating home values, driving the growing racial wealth gap. Analysis from NCST (National Community Stabilization Trust)'s Middle Neighborhoods session at #RVP24.
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NCST (National Community Stabilization Trust)转发了
Are middle neighborhoods in decline? Perhaps, but they are also becoming more diverse. Data show that the 50-year pattern of decline in the share of Chicago's middle tracts is driven primarily by the decline in majority white middles, while majority-minority middle neighborhoods (all colors except navy in this chart) have been expanding. Analysis from NCST (National Community Stabilization Trust)'s Middle Neighborhoods session at #RVP24
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NCST (National Community Stabilization Trust)转发了
NCST salutes our former President and now the former Assistant Secretary for Housing and Federal Housing Commissioner, Julia Gordon. We are thankful for her service and longstanding commitment to advancing housing issues throughout the nation. Please take a moment to review the list of accomplishments made in the past several years. Indeed policy matters, and NCST looks forward to working with policymakers and fellow housers to build upon this incredibly impressive record. Congratulations Julia! Your NCST family is incredibly proud to be a part of your (still unfinished) legacy.
At noon this past Monday, I completed more than two and half years working alongside HUD Secretary Marcia L. Fudge, HUD Deputy Secretary and later Acting Secretary Adrianne Todman, and an exceptional team of other appointees and career public servants to support our nation’s families and communities. As Assistant Secretary for Housing and Federal Housing Commissioner, my portfolio included the Federal Housing Administration (which provides mortgage insurance for single family and multifamily homes as well as healthcare facilities), project-based rent- assisted housing (including housing for seniors and persons with disabilities), manufactured housing, and housing counseling. I’m proud to say we consistently delivered solutions that helped renters, homeowners, lenders, landlords, manufacturers, and mortgage servicers alike. Here’s a short list of things we accomplished together: ·?????Reduced insurance premiums and increased access to credit for homeowners while simultaneously increasing the reserves of the FHA insurance fund. ·?????Helped more than 2 million homeowners facing hardships retain their homes through the COVID-19 pandemic. ·?????Increased access to loans funding construction and rehab of affordable rental housing. ·?????Developed policies to increase mortgage market liquidity and resiliency. ·?????Supported the use and creation of accessory dwelling units and made FHA’s 203k renovation loan product much more usable. ·?????Made more than $1.4 billion in grants and loans to private owners of rent-assisted properties to increase energy efficiency and climate resilience for low-income tenants. ·?????Modernized manufactured housing building codes and loan products. ·?????Supported thousands of housing counselors helping people buy their first home or navigate through financial hardships without losing their home. ·?????Increased transparency for and collaboration with all of our external partners. ? I’m immensely grateful to President Biden and Vice President Harris for nominating me and confirming me to this position. Leading the Office of Housing was the honor of a lifetime as well as the most interesting, most rewarding, and most fun job I’ve ever had. Wherever I go from here – which is yet to be determined - I’ll be cheering on my former colleagues on the HUD team and advocating for the vital work that they do.
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NCST is excited to welcome Anthony Simpkins, CEO of Nhs of Chicago, to our Board of Managers. Anthony is also Chair of the Homeownership Alliance, NCST's practitioner-led collaborative committed to increasing access to affordable homeownership through federal policy innovation and reform. Anthony, thank you for the gift of your time, experience, and wisdom. Welcome to the NCST Board!
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