Jennifer Emerling / There Is More Work To Be Done


Information on HUD’s Neighborhood Stabilization Program


HUD’s Neighborhood Stabilization Program
Additional Information and Links


Update November 20, 2008. All NSP plans should now be available online for comment; some comment periods may have closed. Jurisdictions receiving NSP funds must submit their plans to HUD by December 1. Key links for current information are:

October 15, 2008.The Housing and Economic Recovery Act of 2008 created a new Neighborhood Stabilization Program (NSP), making $3.92 billion available through the Community Development Block Grant (CDBG) program to help state and local governments purchase, renovate, and resell foreclosed properties. The U.S. Department of Housing and Urban Development has identified about 300 states and CDBG entitlement communities that can apply by December 1 for allocations of NSP funds.

Rural governments and nonprofits should have opportunities to influence the use of these funds, and/or to be designated subrecipients, through states and some metropolitan area governments. The sub-state allocation process will not necessarily be the same as CDBG’s. Each state will decide how to distribute its funds, or — an option not available in the CDBG program — whether to use the funds itself. The legislation requires states and local governments to allocate funds to places with the greatest needs, including those with the highest percentages of foreclosures and subprime loans.

HAC is offering to collect questions and comments on the regulations, particularly as they relate to rural areas, and will provide the information to HUD. Please send questions or comments to Leslie Strauss at HAC, or 202-842-8600 ext. 141.



Posted: October 15, 2008
Updated: November 20, 2008

If you have problems accessing any of the material on this page, or if you would like to suggest additional information to include, contact Leslie Strauss at HAC,, 202-842-8600.