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Neighborhood Stabilization Program
The Neighborhood Stabilization Program (NSP) will provide funds to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values. The program is authorized under Title III of the Housing and Economic Recovery Act of 2008.
The Department of Commerce, Division of Community Services is requesting $19.6 million in NSP funds. The state's plan for distribution of the NSP funds is available for public review and comment.
The plan is outlined in a substantial amendment to the state's 2008 Annual Action Plan, which serves as the state's grant application to the US Department of Housing and Urban Development of the Community Development Block Grant, HOME, and Emergency Shelter Grants programs.
Comments must be received by the close of business November 25. You may comment online by completing the form below or in writing. Written comments should be sent to the North Dakota Department of Commerce, PO Box 2057, Bismarck, ND 58502-2057, attn: Bonnie Malo.
If you have questions, you may contact Bonnie Malo at 701-328-2476.
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NSP Substantial Amendment to the 2008 Action Plan (document)
File Size: 1353.09 kb
Title III of the Housing and Economic Recovery Act of 2008 (link)
NSP Regulations (link)
HUD's NSP Website (link)
NSP Data (link)
NSP Guide to Eligible Uses (document)
File Size: 84.8 kb
NSP Income Limits (document)
File Size: 186.88 kb
Quarterly Performance Reports
July 1 - September 30, 2009 (document)
File Size: 84.3 kb
April 1 - June 30, 2009 (document)
File Size: 33.66 kb
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