Spotlight
Banks to Allow Local Groups to Buy Foreclosures
Major banks are agreeing to give local governments and nonprofit groups the ability to buy foreclosed homes before they are sold to private investors.
NSP Policy Alert: Guidance on Documenting the Sales Price on NSP-Assisted Acquisitions
This policy alert provides guidance on deductions related to NSP-assisted acquisitions: how they should be recorded and what terms to use in referencing deductions.
Affordable Housing Across Ohio To Be Built to a Green Standard
Ohio Green Communities Initiative is working throughout the state to ensure that rental units meet the energy efficient green standard.
Bill To Help Revitalization
Ohio bill would help fund neighborhood revitalization activities such as demolishing dilapidated properties, creating land banks, developing walkable neighborhoods, and promoting regional planning.
U.S. Department of Housing & Urban Development Announces National First Look Program
HUD Secretary, Shaun Donovan, announced a historic new partnership between the Dept. of Housing & Urban Development, financial institutions & members of the National Community Stabilization Trust.
Stable Communities
Welcome to StableCommunities.org, where you will find information and strategies to stabilize and revitalize your community in the wake of the foreclosure crisis.
What's New
EVENTS
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18 Month Deadline and Beyond: HUD’s Corrective Action Plan
Webinar for NSP1 grantees will go over corrective actions related ... -
4th Annual Connecting the Dots: The Neighborhood Celebration of the Year
Celebration of revitalization accomplishments in Minnesota ...
NEWS
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Fed’s Duke on Stabilizing Neighborhoods: Lessons Learned from the Field
Excerpt from the two-day Federal Reserve summit examine issues ... -
HUD First Look program gives communities first dibs at foreclosed properties
NeighborWorks America's Sarah Greenberg shares details on HUD's ...
RESOURCES
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NSP Resource Exchange
Visit the NSP site for new toolkits related to commercial ... -
Social Benefits of Homeownership and Stable Housing
New NAR report shows the community-wide benefits of stable housing.
About This Site
Designing a Place-Based Plan for StabilizationLearn about a logical series of steps in designing a place-based plan for stabilization, including strategic partnerships, market analysis, eight categories of stabilization strategies, and more.
Beyond Stabilization: Strategies for Sustainable CommunitiesAll communities impacted by foreclosures also have a unique opportunity, in the midst of crisis, to rethink what they want to become over the long term and establish new directions. Learn about comprehensive planning here.
Neighborhood Stabilization Program (NSP) StrategiesThe NSP program is the centerpiece of funding for many stabilization responses. Learn about NSP and how others are using it effectively here.
PolicyStabilization responses must include strategies to reshape policy at the local, state and national level to effect real change. Learn about these approaches here.
TrainingMany new and exciting training opportunities are available to help practitioners and policymakers craft and deliver effective stabilization strategies. Learn about classroom and online training here.