FROM THE NATIONAL ASSOCIATION OF REALTORS, "The Washington Report"
Housing Report 
On January 25, 2010, NAR 2010 President Vicki Cox Golder announced that NAR is launching the REALTOR® Neighborhood Stabilization Project. Central to the effort is a partnership with the National Community Stabilization Trust (NCST) to prepare state and local REALTOR® associations for active participation with local governments and other community organizations in designing and implementing strategies to help neighborhoods and communities recover from the ravages of the foreclosure crisis. Those communities are currently in the midst of using $6 billion in federal Neighborhood Stabilization Program (NSP) funding devoted to acquisition, rehab and resale of foreclosed properties in order to reclaim devastated neighborhoods.
Saying "Who better to strengthen the very communities where REALTORS® live and work?", President Cox Golder told the 2010 NAR Policy conference attendees in Washington that the new partnership will target its most intense efforts with the states hardest hit by foreclosures. In the high-foreclosure states targeted under the new program, NAR and NCST will provide high-impact training and education, along with contacts with key local officials facilitated by NCST, to insure that REALTOR® voices are heard in the local revitalization efforts.
All REALTORS® and associations will have an access to an online toolkit, currently in development, to assist in this endeavor. The toolkit will include briefings, feature articles, interactive tools, multi-media presentations and links to important websites, as well as contact information to receive additional technical assistance.
REALTOR® Neighborhood Stabilization Project
William Gilmartin 202-383-1102
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