NSP: Stabilizing and Revitalizing Neighborhoods

Categorized Under: Community Development



ICF analyzed the $3.92 billion Neighborhood Stabilization Program (NSP) created under Title III of Division B of the 2008 Housing and Economic Recovery Act (HERA) and developed this side-by-side comparison of NSP requirements. The document highlights several key program design or implementation questions that grantees will need to consider. NSP grantees are required to submit Action Plans by December 1, 2008, and will need to quickly develop innovative solutions to the foreclosure crisis in their communities, evaluate potential roles for a variety of partners and stakeholders, and complete the Action Plan submission.

Insight Details

Published: Oct 9, 2008
Source: ICF International

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