National Community Stabilization Trust Names Robert Grossinger as President

first_imgNational Community Stabilization Trust Names Robert Grossinger as President May 21, 2015 562 Views Housing and Economic Recovery Housing Strategies National Community Stabilization Trust 2015-05-21 Staff Writer Robert GrossingerThe National Community Stabilization Trust (NCST) announced in a press release that Robert Grossinger will be the new president of the organization, effective immediately.Grossinger will succeed Craig Nickerson, who joined NCST at its founding at amidst the 2008 housing crisis and served 45 years in the housing and community development arena, the company says. Grossinger’s priority in his new position will be to continue to move the organization’s established market-relevant housing strategies forward, while increasing its focus on markets that are still struggling to see a housing and economic recovery.”It’s truly been an honor to lead a dedicated team of professionals at NCST,” Nickerson said. “I could not be more pleased with the Board’s selection of Rob. In my opinion, there’s no better person to lead this organization forward.”Prior to accepting his new role at NCST, Grossinger was VP at Enterprise Community Partners, where he provided leadership and partnership responses to the foreclosure crisis as well as the health and housing area. Prior to his role at Enterprise, Grossinger served as SVP in the corporate social responsibility group at Bank of America, LaSalle Bank, Corporation for Supportive Housing, and the Illinois Housing Development Authority. Grossinger has also served as an active member of the NCST Steering Committee since 2010.”Rob’s depth of experience in the community development and financial industries will serve NCST well at this pivotal time,” said Ed Jacob, NCST board chair and past executive director, Neighborhood Housing Services of Chicago. “The work of NCST is not done; too many boarded up homes remain in our communities and Rob has the tenacity and vision to continue our path forward.”Grossinger will continue to work with industry partner such as, federal government policy makers, local community leaders, and high profile financial institutions that are dedicated to stabilize struggling markets.”I am thrilled to join the NCST team,” Grossinger said. “The foreclosure crisis may be winding down, but distressed real estate and lack of capital still hinder recovery in many markets. The NCST team, working closely with other national nonprofit organizations, must focus in these markets. We must offer even more holistic solutions, such as the purchase of non-performing mortgage notes, expanding the use of faster REO property solutions, and increasing access to development financing.”center_img in Headlines, News, Servicing Sharelast_img

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