Texas Neighborhood Stabilization Program (NSP)
Background
The Neighborhood Stabilization Program (NSP) is a HUD-funded program authorized by the “Housing and Economic Recovery Act of 2008” (HERA), as a supplemental allocation to the Community Development Block Grant (CDBG) Program. Additional funds have been provided through the Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act) as part of NSP3. The purpose of the Neighborhood Stabilization Program is to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight. NSP provides funds to purchase foreclosed, vacant or abandoned homes and residential properties, in order to rehabilitate, resell, or redevelop them, stabilize neighborhoods and stem the decline of property values in communities impacted by the housing crisis.
- The NSP1 Substantial Amendment to the State of Texas 2008 CDBG Action Plan for the Neighborhood Stabilization Program
- The NSP3 Substantial Amendments to the State of Texas 2010 CDBG Action Plan for the Neighborhood Stabilization Program
Resources
Texas NSP NOFAs
- Revised NSP1-Program Income NOFA (PDF)
- NSP-1 Program Income NOFA (PDF)
- Texas NSP Re-allocation Notice of Funding Availability (PDF)
- Texas NSP Notice of Funding Availability (PDF)
- NSP3 Notice of Funding Availability (NOFA) (PDF)
- NSP3 Addendum 1 (PDF)
Federal Resources
- NSP1 Federal Register Notice (PDF on HUD.gov site)
- NSP Federal Register Bridge Notice (PDF on HUD.gov site)
- NSP3 Federal Register Notice (www.onecpd.info)
- NSP3 Mapping Tool for Areas of Greatest Need (http://www.huduser.org/NSP/NSP3.html)
- NSPHELP Web site (http://hudnsphelp.info/index.cfm)
- Title III of the Housing and Economic Recovery Act of 2008 (PDF - HUD.gov site)
- NSP1 Performance Reports
- NSP3 Performance Reports
Community Resources
Resources for Texas NSP Grantees
- NSP Construction and Rehabilitation Draws Webinar (00:39:04) or presentation slides (PDF)
Windows Media Player, from Microsoft.com is required to play webinar videos. - NSP Homebuyer Training Presentation (PDF)
- NSP Set-ups and Draws Presentation, 09/15/2009 (01:18:12) or presentation slides (PDF)
Windows Media Player, from Microsoft.com is required to play webinar videos. - NSP Implementation Workshop Presentation (PDF)
- Visit the HOME Division's Environmental Clearance page for the May 4, 2009 NSP/HOME Environmental Webinar Training slides.
- List of Texas Census Tracts with eligibility standing for NSP Area Benefit as of March 17, 2009 (XLS)
