Kevin Seawright is a Baltimore-based entrepreneur in the housing industry. His company, RPS Solutions LLC, rehabilitates foreclosed homes and then sells them at affordable prices to first-time homebuyers. His goal is to increase the rate of homeownership in Baltimore which helps people in a number of ways. First, the new homeowner can start building equity in the home and increase their level of wealth. Homeowners also contribute to the overall health and strength of a neighborhood which helps everyone who lives in it. Visit epodcastnetwork.com to learn more.
For the first ten years of his professional career, he had worked for the city of Baltimore in several financial positions. One of these positions was working as the chief financial officer of the Baltimore City Recreation & Parks department. During his time in this position, he oversaw a budget of $50 million which includes city, state, and federal money. He had a number of accomplishments in this position such as reducing this department’s budget deficit by $600,000 in his first year. He increased the efficiency of this department which, before his arrival, had a pretty poor reputation for waste.
In order to meet the needs of new homebuyers, Kevin Seawright formed a partnership with the National Community Stabilization Trust in 2017. At the time he said that this partnership would help boost Baltimore’s economy, make homes in that city more affordable, and increase the number of people who own their homes. How the partnership works is that RPS Solutions is able to buy homes directly from NCST before they are put on the market. This allows his company to buy these houses at a reduced rate with the savings ultimately passed along to the homebuyers.
Kevin Seawright helps out the Baltimore community in other ways as well. One example of this is that he is on the Babe Ruth Museum’s advisory board. He also coaches a number of youth sports teams.
Read more: https://www.prnewswire.com/news-releases/kevin-seawrights-rps-solutions-llc-secures-first-housing-contract-through-partnership-with-the-national-community-stabilization-trust-300639840.html