// About

About

The National Community Stabilization Trust is a national nonprofit organization working with the nation’s largest financial institutions and local housing providers across the U.S. to reclaim neighborhoods hard hit by high levels of foreclosure and abandonment. The Stabilization Trust supports the stabilization of distressed neighborhoods by ensuring local housing providers have the right tools to transform empty, foreclosed properties into community assets that increase the stock of affordable ownership and rental housing for working families.

The Stabilization Trust helps communities pave the path to neighborhood stability in two ways:

• Creates a bridge between financial institutions and local housing providers across the country. The Stabilization Trust provides the only nationwide platform that gives local housing providers a clear, consistent, and straight path to acquire foreclosed and abandoned properties from financial institutions.
   
• Provides flexible financing to support and expand local programs. By leveraging scarce public and non-profit resources with flexible private funds, the Stabilization Trust ensures that local housing providers have the capital to make investments that have a deeper impact to create vibrant, stable communities.

Formed in 2008, the Stabilization Trust is sponsored by six leading national organizations in the housing and community development field, and was created expressly for the purpose of assisting local communities to weather the foreclosure crisis.