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One of our “nuts and bolts” programs has always included reinvestment in our community. We help to stabilize property values by securing vacant properties, rehabilitating them for resale, and working with the next generation of buyers interested in making a neighborhood eyesore their dream home!
NHS is partnering with many local representatives in an effort to address the vacant property issue in a holistic fashion. The primary focus is on vacant single family properties which can be made available for purchase in the $80—$130K range. This revitalizes a property and allows an affordable purchase options for buyers.
Through partnership with Bridge Investments CDC, NHS is making rehabilitated vacant properties available for purchase, call the office to see if we may have a property that could be your dream home!
NHS is partnering with many local representatives in an effort to address the vacant property issue in a holistic fashion. The primary focus is on vacant single family properties which can be made available for purchase in the $80—$130K range. This revitalizes a property and allows an affordable purchase options for buyers.
Through partnership with Bridge Investments CDC, NHS is making rehabilitated vacant properties available for purchase, call the office to see if we may have a property that could be your dream home!
Click to View 1804 a butterfly project...
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For Sale - This is a beautiful 2200 sq ft home with 4 bedrooms, 1 full and 2 half baths, and load of built in historic charm. $165,000 We are showing! contact the office to schedule 563 324 1556. This property has been long vacant and we are excited to welcome a new homeowner family!
https://animoto.com/play/1IC54wrxgOIvzyKCA7MdkA
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Vacant and Abandoned homes rehabilitated by REACT
Ø 7 Properties Rehabilitated
Ø 6 Properties are located in the census tract rated as having the highest vacancy rate in Davenport. (City of Davenport Housing Needs Assessment 2018)
Ø According to NAHB - $506,344 Rehab investment secured $148,945 in property taxes and created 3.75 full time jobs
Ø Leveraged $650,900 mortgage provided by local lender partners of NHS.
Ø Increased value of property $372,260.
One of our priorities at Neighborhood Housing Services is Neighborhood Revitalization. We acquire and secure vacant properties in your neighborhoods, and our Board determines a plan of action for rehabilitation and long term use. This activity helps to stabilize property values in the surrounding area and stimulates other investment.
Ø 6 Properties are located in the census tract rated as having the highest vacancy rate in Davenport. (City of Davenport Housing Needs Assessment 2018)
Ø According to NAHB - $506,344 Rehab investment secured $148,945 in property taxes and created 3.75 full time jobs
Ø Leveraged $650,900 mortgage provided by local lender partners of NHS.
Ø Increased value of property $372,260.
One of our priorities at Neighborhood Housing Services is Neighborhood Revitalization. We acquire and secure vacant properties in your neighborhoods, and our Board determines a plan of action for rehabilitation and long term use. This activity helps to stabilize property values in the surrounding area and stimulates other investment.
