[Logo: Homes and Communities: U.S. Department of Housing and Urban Development] Commmunity Planning and Development
[Vea la versión en español de esta página] [Contact Us] [Display the text version of this page] [Search/Index]
 
U.S. Department of Housing and Urban Development

Community Planning and Development
- Community Development
- Programs
- - CDBG Entitlement Communities
- - State Administered CDBG
- - Section 108
- - Non Entitlement CDBG Grants In Hawaii
- - CDBG Insular Areas
- - Disaster Recovery Assistance
- - Neighborhood Stabilization
- - Colonias

HUD news

Homes

Resources

Communities

Working with HUD

Tools
Webcasts
Mailing lists
RSS Feeds
Help

[The U.S. government's official web portal]  
space
space

Neighborhood Stabilization Program Grants

 Information by State
 Esta página en español
 Print version
 

Quick Links
-   Updated NSP Grant Submission Template and Checklist
-   NSP Federal Register Notice
-   NSP Statewide Allocations
-   NSP Local Government Allocations Summary
-   NSP Frequently Asked Questions


NSP Resources
-   Requirements
-   Policy Guidance
-   Contact Information
-   (updated) Program Management Resources

Introduction

HUD’s new Neighborhood Stabilization Program will provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. The Neighborhood Stabilization Program (NSP) provides grants to every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes.The program is authorized under Title III of the Housing and Economic Recovery Act of 2008.

Read HUD's news release.


Required Submissions for Eligible NSP Grantees

All eligible grantees must submit to HUD the following: (1) substantial amendment to the annual action plan; (2) an SF-424; and (3) signed certifications.

Grantees may use the NSP Grant Submission and Checklist (Updated), which includes a form for the NSP Substantial Amendment and certifications. For more information on submission requirements, grantees may visit the NSP Instructions for Grantee Submissions (Updated) and the NSP Guide for Eligible Uses.


State and Local NSP Allocations

Map of the United States Washington Oregon California Nevada Arizona Idaho Utah Montana Wyoming Colorado New Mexico Texas Oklahoma Kansas Nebraska South Dakota North Dakota Minnesota Iowa Missouri Arkansas Louisiana Mississippi Tennessee Kentucky Illinois Wisconsin Michigan Indiana Ohio Alabama Florida Georgia South Carolina North Carolina Virginia West Virginia Pennsylvania District of Columbia Maryland Deleware New Jersey Connecticut New York Rhode Island Massachusetts Vermont New Hampshire Maine Hawaii Alaska Puerto Rico U.S. Virgin Islands American Samoa Guam Northern Mariana Islands

view list of states


Nature of Program

HUD awards grants to states and local jurisdictions to stabilize communities hardest hit by foreclosures and delinquencies. The regulations for NSP grantees
are noted at 73 FR 58330

NSP grantees develop their own programs and funding priorities. However, NSP grantees must use at least 25 percent of the funds appropriated for the purchase and redevelopment of abandoned or foreclosed homes or residential properties that will be used to house individuals or families whose incomes do not exceed 50 percent of the area median income. In addition, all activities funded by NSP must benefit low- and moderate-income persons whose income does not exceed 120 percent of area median income. Activities may not qualify under NSP using the "prevent or eliminate slums and blight" or "address urgent community development needs" objectives.

Eligible Uses

NSP funds may be used for activities which include, but are not limited to:

  • Establish financing mechanisms for purchase and redevelopment of foreclosed homes and residential properties;
  • Purchase and rehabilitate homes and residential properties abandoned or foreclosed;
  • Establish land banks for foreclosed homes;
  • Demolish blighted structures;
  • Redevelop demolished or vacant properties

Requirements

Each NSP grantee receiving an allocation of NSP funds must submit an action plan amendment describing the intended use of funds by December 1, 2008 and all funds must be used within the statutory deadline of 18 months from receipt of the funds.

HUD is using the Disaster Recovery Grant Reporting (DRGR) system to monitor NSP funds and grantees will be required to use DRGR for action plan and performance report submissions to HUD. Citizen participation will be required under the NSP, but the citizen comment period for action plans will be limited to 15 days.

Contact Us

If you are an NSP grantee and would like additional information on the program please use this form to contact a HUD NSP Representative. To view previously posted questions and responses view this page.

space
 
Content current as of 12 January 2009   Follow this link to go  Back to top   
----------
FOIA Privacy Web Policies and Important Links  Home [logo: Fair Housing and Equal Opportunity]
[Logo: HUD seal] U.S. Department of Housing and Urban Development
451 7th Street S.W., Washington, DC 20410
Telephone: (202) 708-1112   TTY: (202) 708-1455
Find the address of a HUD office near you