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/

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/

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

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

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