Neighborhood Stabilization Program + homehub

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Our NSP Program

why create HomeHub©?

We believe that our collaboration will drive greater awareness, access and understanding to a larger number of low and moderate income individuals and families about the homeownership opportunities made possible by the Neighborhood Stabilization Program.

thanks to those who believed

HomeHub© was made possible by the generous support of Alameda County and Enterprise Community Partners. Special thanks to Michelle Starratt (Alameda County), Mardie Oakes (Hello Housing), Rose Cade (Enterprise), Liz Miranda (Branding Properties) and Web Programming Solutions for turning a great idea into a valuable resource for the Bay Area households.

Reference to other partners:
HUD’s NSP website
Enterprise’s website

What is the Neighborhood Stabilization Program?

The Neighborhood Stabilization Program (NSP) was established for the purpose of stabilizing communities that have suffered from foreclosures and abandonment. Through the purchase and redevelopment of foreclosed and abandoned homes and residential properties, the goal of the program is being realized. NSP is administered by the U.S. Department of Housing and Urban Development (HUD). NSP1, a term that references the NSP funds authorized under the Housing and Economic Recovery Act (HERA) of 2008, provides grants to all states and selected local governments on a formula basis.

NSP2, authorized under the Recovery Act of 2009, provides grants to states, local governments, nonprofits and a consortium of nonprofit entities on a competitive basis. The Recovery Act also authorized HUD to establish NSP-TA, a $50 million allocation made available to national and local technical assistance providers to support NSP grantees.

NSP3, authorized under the Dodd-Frank Act of 2010, provides a third round of grants to all states and select governments on a formula basis. For more information, please visit HUD’s NSP website.