Are members allowed to sell or refinance their NACA-purchased properties at any time?

The unique aspect of NACA (Neighborhood Assistance Corporation of America) is to promote homeownership among low- and moderate-income individuals and communities, which means flexibility in how members can manage their properties is vital. Members are indeed allowed to sell or refinance their NACA-purchased properties at any time. This encourages homeownership stability and allows members to capitalize on their equity, supporting financial growth and liquidity.

Though options exist that imply restrictions or conditions, the freedom to transact on the property without waiting for a specific period or needing approval is empowering for homeowners. This policy illustrates NACA's commitment to enabling members to respond to changing personal circumstances or market conditions as they see fit, thereby fostering sustainable homeownership.