Real Estate Development

Revitalizing Lincoln Neighborhoods

NWL’s Real Estate Development efforts include purchasing vacant properties in need of renovation. Homes are either rehabilitated or, if beyond repair, demolished and rebuilt. The homes that NWL purchases for redevelopment aren’t economically feasible investments for the private sector, and are usually rundown, vacant rental properties.

NWL’s investment in these properties provides an opportunity for individuals or families who have completed home buyer education to purchase high quality, safe and affordable homes they can be proud of, while building the confidence of existing homeowners in the neighborhood to make further investments in their homes. When problem properties are addressed and educated buyers invest, that brings a stabilizing effect to the entire community.

Community Impact

• High quality, owner-occupied homes
• Increased tax revenue
• Decreased crime
• Increased property values
• Creation of job opportunities for local contractors and realtors
• Rejuvenation, safety and stabilization to neighborhoods