Neighborhood Stabilization Program
Congress created the Neighborhood Stabilization Program to help cities, counties and states deal with community problems that are the result of the mortgage foreclosure crisis in the nation. HUD provides money to local governments (cities and counties), nonprofits, and all 50 states. HUD has allocated $6.82 billion to 307 NSP1 grantees, 56 NSP2 grantees, and 270 NSP3 grantees.
Florida grantees received $541,364,780 in NSP1 funding. NSP2 recipients were awarded $347,612,500 and Florida NSP3 grantees were awarded $208,437,144. NSP1 and NSP2 grants were awarded based on a formula and NSP2 grants were competitively based. Throughout Florida, NSP partners are acquiring and rehabilitating foreclosed and abandoned properties that are being sold or rented to low- and moderate-income households. Blighted units are being demolished and community facilities are being developed in some of the abandoned buildings.
Throughout the process, the Florida Housing Coalition is helping grantees and their partners with workshops, clinics, and off-site technical assistance.
Contact the Coalition for technical assistance at 850-878-3219 or email: firstname.lastname@example.org or request help from HUD through the HUD Exchange.
NSP Closeout Guidance
NSP Laws and Federal Register Notices
Ask A Question
- If you would like to access an NSP Representative with a question, click here.
Request Technical Assistance
- If you would like to request NSP technical assistance from HUD, click here or
- Contact the Florida Housing Coalition at email@example.com or call 850-878-4219.
HUD has developed and published a variety of NSP Toolkits that can help you develop and operate a program without re-inventing the wheel. The Toolkits contain forms, spreadsheets, agreements, policies, manuals and instructions that you can download and adapt for your particular program. Make sure when you adapt the toolkit documents that you have your attorney review any legal documents. The program Toolkits and links are:
- Homeownership tools are intended for grantees and their partners designing and implementing programs to assist low- to moderate-income homebuyers in purchasing a home through property development or individual financial assistance.
- Lease-Purchase tools are intended for grantees and their partners developing and operating programs to assist low- to moderate-income homebuyers in purchasing a home by allowing them to lease a home with an option to buy.
Multifamily Rental Toolkit
- Multifamily Rental tools are intended for grantees and their partners designing and implementing programs that provide affordable rental housing through large rental projects of five or more units.
Single-Family Rental Toolkit
- Single-Family Rental tools are intended for grantees and their partners designing and implementing programs that provide affordable rental housing through small rental projects of less than five units
- Demolition tools are intended for grantees and their partners using NSP funds to demolish blighted properties.
Commercial, Public and Mixed-Use Facilities Toolkit
Land Banking Toolkit
- Land Banking tools are intended for grantees and their partners using land banking as a strategy to assemble, temporarily manage, and dispose of vacant land for the purpose of stabilizing neighborhoods and encouraging reuse or redevelopment of urban property.
NSP Data and Reports
- HUD collects, maintains and published a vast amount of data on the status and impact of NSP. This is where you can access grantee plans; substantial amendments; reports; snapshots; grantee NSP web pages; all contact information; target areas; mapping tools; income limits; and data on program outcomes.