Expanding opportunities in America’s cities

National Community Stabilization Trust

Washington, D.C.



The trust works with financial institutions and local housing providers to reclaim and stabilize neighborhoods hit hard by foreclosure and abandonment. Through this two-year grant, it is assisting Detroit government agencies and local nonprofits with the acquisition and renovation or demolition of foreclosed and abandoned properties, as part of a citywide effort to eliminate blight and revitalize residential areas.