- About CHAPA
- Housing Policy
- CHAPA's Budget and Legislative Priorities
- Smart Growth
- CHAPA Housing Briefs
- Chapter 40B
- Research and Reports
- Foreclosure Information
- New England Housing Network
- On Solid Ground
- Consultant Directory
- Jobs Board
- Housing & Courses
- Engage with CHAPA!
- Create a login to manage your account, membership, & events!
- Already have an account? Login!
- Post Jobs, Consultant Listings, & Homebuyer Workshops
- Join CHAPA
- Become a New Individual CHAPA Member!
- Become a New Organizational CHAPA Member!
- Donate to CHAPA!
- Join CHAPA's Email List!
HUD Releases Allocations for $3.9 Billion Neighborhood Stabilization Program - September 26, 2008
Submitted by admin on Mon, 06/20/2011 - 5:52am
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.
Read HUD's News Release for Allocations