Neighborhood Revitalization Program
To provide affordable housing to the communities we serve in conjunction with the National Community Revitalization Act by procuring Fannie Mae, Freddie Mac and bank REO’s though the National Community Stabilization Trust, performing property restoration and offering these homes to families in need.
National Association for Debt Education & Assistance (NADEA) as a 501(c) (3), non profit organization, is an approved and eligible community buyer under the National Community Stabilization Trust (NCST), First Look Acquisition program to provide for the purchase and rehabilitation of foreclosed and abandoned properties in order to stabilize communities hit hard by the foreclosure crisis.
Since 2009, NCST has helped find solutions for more than 22,000 distressed properties, nationwide. NADEA has successfully completed more than four hundred property stabilization transactions since the beginning of our relationship with NCST. These reclaimed and reviatlized properties have been provided for sale to mostly low to moderate income families representing over thirteen hundred family members with new housing and living opportunities.