As part of Frameworks CDC’s mission to create home ownership opportunities, and stabilizing communities, another pillar of our service is the acquisition and rehabilitation of foreclosed properties.These homes are then sold to lower income families at affordable prices. The homes are acquired from financial institutions which are currently holding properties from the foreclosure inventory; Frameworks CDC does not acquire any homes which are owner occupied.
Example of a typical foreclosed property:
Frameworks CDC also rehabilitates rental properties to be rented out at an affordable price. These rental properties are located in various locations of Central Texas. All of our houses and rental units are energy efficient.