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In The News

FEBRUARY 9, 2010

Senate Introduces Bill Proposing NSP3

January 28, 2010 Senator Bob Casey (D-PA) introduced the Homeowners' Relief and Neighborhood Stabilization Act of 2010 (S.2969) which among other provisions, proposes a third round of the Neighborhood Stabilization Program (NSP3).  Already the House of Representatives passed the Wall Street Reform Protection Act of 2009 (H.R. 4173) which provided for $1 billion for NSP3. 

The Homeowners’ Relief and Neighborhood Stabilization Act of 2010 would:

SOURCE: National Foreclosure Prevention and Neighborhood Stabilization Task Force

URL: http://casey.senate.gov/newsroom/press/release/

FEBRUARY 9, 2010

Enterprise Green Communities NSP Webpage Launched

Enterprise Community Partners and Building Green, LLC. are excited to announce a new collaboration:

SOURCE: Enterprise Community Partners

URL: http://www.greenbuildingadvisor.com/grenn-communities-nsp

JANUARY 15, 2010

NeighborWorks Congratulates Local NeighborWorks Organizations on Stabilization Grant Funding

Washington, D.C. – Today NeighborWorks America announced that 19 local NeighborWorks organizations, along with their local, regional, and state partners, were awarded $548,381,663, or 27 percent of the total $1.93 billion awarded in the second round of Neighborhood Stabilization Program (NSP) funding from the U.S.

SOURCE: NeighborWorks America

URL: http://neighborworksnews.blogspot.com/

JANUARY 14, 2010

HUD Launches New NSP Resource

HUD recently launched the NSP Resource Exchange, a web site aimed at providing information and resources to assist NSP grantees, subrecipients, and developers who were awarded NSP funds to purchase, rehabilitate and resell foreclosed properties in especially hard-hit neighborhoods that are at risk of becoming sources of abandonment and blight within their communities.

In important feature of the site is the ability of practitioners (NSP grantees and otherwise) can visit www.hudnsphelp.info and request NSP Technical Assistance.

SOURCE: U.S. Department of Housing and Urban Development

URL: http://www.hudnsphelp.info

OCTOBER 2, 2009

Foreclosure Blight: The Cleanup Crawls Along

A controversial $3.9 billion federal program aimed at saving neighborhoods blighted by foreclosure is hitting hurdles that could threaten its effectiveness.

OCTOBER 2, 2009

Quincy's Neighborhood Stabilization Program

A facelift is coming to a large section of Quincy, Ohio over the next two years thanks to some state and federal money.  Combined, the city received $2.1 million dollars that will allow them t

OCTOBER 2, 2009

Senator Brown calls for investigation of "Bank Walkaways" from foreclosed homes

A growing number of lenders are refusing to take possession of homes after they have been foreclosed, leading to vandalism and neighborhood decline in Cleveland and cities across Ohio.  In res

OCTOBER 2, 2009

Foreclosure Blight: The Cleanup Crawls Along

A controversial $3.9 billion federal program aimed at saving neighborhoods blighted by foreclosure is hitting hurdles that could threaten its effectiveness.

AUGUST 31, 2009

National Collaboration Turns Foreclosures Into Opportunities

In an unprecedented move, leaders from the nonprofit sector, philanthropic community, financial industry and government have joined forces in creating a highly innovative and effective approach to

AUGUST 26, 2009

HUD Announces NSP-TA Grant Recipients

HUD Announces $50 Million in Neighborhood Stabilization Program-Technical Assistance (NSP-TA) funds to eleven technical assistance providers to help state and local governments stabilize

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