Neighborhood Stabilization Program

Overview


The federal 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.

NSP1, a term that references the NSP funds authorized under Division B, Title III of the Housing and Economic Recovery Act (HERA) of 2008, provides grants to all states and selected local governments on a formula basis.

NSP2, a term that references the NSP funds authorized under the American Recovery and Reinvestment 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, a term that references the NSP funds authorized under the Dodd–Frank Wall Street Reform and Consumer Protection Act of 2010, provides a third round of neighborhood stabilization grants to all states and select governments on a formula basis.

Documents


Application and Amendment

State of Kansas NSP Application
NSP Substantial Amendment



NSP Amended Action Plans


NSP Action Plan (added April 2010)
NSP Proposed Action Plan (added April 2010)
NSP Action Plan (amended May 1, 2010)
NSP Action Plan (amended June 25, 2010)
NSP Amended Action Plan 9-14-2010

NSP Grantee Handbook


NSP Grantee Handbook - Prefix and Table of Contents
Inter-Local Agreement
NSP Tier II Statutory Checklist for Site Specific Review
NSP Close-out Section 12
NSP Close-out Forms Only
NSP Close-out Affidavit of Publication and Public Hearing Notice Samples
                           

Financial Management


NSP Sample Ledger
NSP Payment Request Instructions
NSP Payment Request
NSP Quarterly Report Form

Miscellaneous NSP Information


NSP Revised Audit Requirements 11-28-17
NSP Revised Monitoring Section Packet 11-28-17
Updated NSP Affordability Procedures and Reporting
Annual NSP Occupancy Rental Report - rental properties 11-30-17
Annual NSP Occupancy Report - owner occupied properties 11-30-17
HUD-Approved Housing Counseling Agencies
Responsibilities of the Grantees and Grant Administers
NSP Acquisition Flow Chart
NSP Acquisition Calculations
NSP Regulation Compliance
NSP Income Limits
Selling a Home Flow Chart
Underwriting NSP Housing Rental
NSP 2015 Income Limits
NSP 2016 Income Limits

Program Income


NSP Cost Calculations and Program Income Worksheet

NSP Quarterly Reports


NSP Quarterly Report Links


                      
NSP 3

NSP Substantial Amendment
NSP Definitions & Descriptions
NSP Eligible Use of Funds
NSP Housing Quality Standards