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.
Generally, the money must be used to buy, fix up, and resell foreclosed and abandoned homes. As long as the funds are used for this redevelopment, the grantees that receive HUD funds decide how to use the funds and what specific redevelopment activities to undertake.If you are interested in participating in this program, you need to contact your city, county, and/or state to find out how the program operates in your area. This is true both for prospective home buyers and for potential contractors, non-profits, and other partners.To find out who administers the Neighborhood Stabilization Program in your area, click here
.To view all NSP laws and Federal Register Notices, click here
How can I get help with NSP?
There are two separate types of requests for help you can submit to the NSP Resource Exchange website. Please consider the definitions below before deciding which form to fill out.
Ask a Question:
NSP grantees and their partners can submit technical questions related to NSP by selecting the Ask a Questionoption on the navigation bar above. Individuals requesting answers to questions will need to provide their contact information, relationship to an NSP grantee, and the question that they would like answered. Once the request is submitted, a confirmation email with a tracking number will be sent. The NSP Resource Exchange staff will respond to the question as quickly as possible.
Make a TA Request
Individuals can also submit a request for an NSP grantee or their nonprofits or developers to receive technical assistance specific to NSP by selecting the Get Assistance option on the navigation bar above. NSP grantees requesting technical assistance for themselves or their partners must provide contact information and a description of the need for technical assistance. Once the request is submitted, a confirmation email with a request number will be sent. The NSP Resource Exchange staff will provide an initial response to the request as quickly as possible.
The dropdown boxes beneath Find a Resource on the NSP Resource Exchange main page and the options on theAdvanced Search page allow users to browse through resources by topic area, audience, and type.
- Resources by Topic: Find resources categorized by NSP areas — Program Requirements and Rules, Program Design, Program Administration, Grant Management, Project Financing, Financial Management, Other Federal Requirements, and Construction.
- Resources by Audience: Find resources specific to your role — NSP1 Grantee, NSP2 Grantee, NSP3 Grantee, Nonprofit, Developer, and Other.
- Resources by Type: Browse resources by type — Training Materials, Sample Procedures, Templates and Checklists, HUD Notices, HUD Guidance, HUD Federal Register, Frequently Asked Questions, Reports, NSP Toolkits, Webinars, NSP Policy Alerts, and Other.
The NSP Resource Exchange allows you to perform searches for resources through four methods: Quick Search, Advanced Search, Find a Resource, and NSP Toolkits.
Quick Search allows you to type your search terms into the field located at the top right-hand corner of the website.
allows you to refine your search by defining one or more parameters: keyword, topic, audience, type, and date published. This option allows you to search for both FAQs and resources, just resources, or just FAQs.
Find a Resource
allows you to search resources by keyword, or browse resources by topic or resource type. This option searches only the resources and does not search the NSP FAQs.
This page will also automatically display a list of the most recently posted resources. This option is available on the main NSP page or by rolling over the Find a Resource
option on the navigation bar above and clicking on Resource Library
Frequently Asked Questions
allows you to search through the FAQ database by keyword, view the most popular FAQs, view the most recently posted FAQs, or browse all FAQs by topic. This option is available on the NSP main page or by rolling over the Ask a Question
option on the navigation bar above and clicking on Find an Answer
The NSP Toolkits
page allows you to browse through the 90+ resources that make up the NSP Toolkits, a set of peer-approved resources organized by program type and program step. To browse, first select a program type using the options on the left-hand panel of the page, and then browse through the resources listed on the body of the page or select a program step to jump to a specific part in the process. Toolkit resources can also be located using Find a Resource
or Advanced Search
and selecting NSP Toolkits
as the Resource Type.