• Neighborhood Stabilization Program (NSP1, NSP3)
  
  The Neighborhood Stabilization Program (NSP) provides targeted assistance to states
  and local governments to acquire and redevelop foreclosed properties. Broward County
  Housing is the grantee for 18 cities in the amount of $17,767,589 under NSP1 and also
  $5,457,553 under NSP3. The primary objective of this HUD Program is the development
  of stable urban communities characterized by the provision of decent housing, a suitable
  living environment, and expanding economic opportunities for individuals/households
  having low, moderate and middle incomes (120% of area median income and below).
  NSP accomplishes this by identifying areas of greatest need and providing grant funding
  for the following eligible uses: Financing mechanisms for purchase and rehabilitation of foreclosed homes; Purchase and rehabilitation of foreclosed or abandoned homes; Land
  banks for foreclosed homes; Demolition of blighted structures; Redevelopment of
  demolished or vacant properties.
  
  For Broward County the areas of greatest need are identified within eligible census tracks
  and block groups that can best demonstrate an impact and leverage these funds to the greatest extent possible. For a breakdown of the specific activities being undertaken by Broward County see the Broward County NSP1 Action Plan and NSP3 Grant Plan.

For more information about this program, please contact: Michael Huneke, Special Projects Coordinator III at (954) 357-4906. 

Public Notices (NSP 1):
 

Neighborhood Stabilization Program 1 (NSP 1)
2012

2011

2010

2009

Neighborhood Stabilization Program 3 (NSP 3)
2012

2011

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