Neighborhood Stabilization Program 2 (NSP2)
| Federal Agency: U.S. Department of Housing and Urban Development |
Type of Funding: Competitive |
| Project Name: Neighborhood Stabilization Program 2 - Peoria |
Requested Dollar Amount: $10,000,000 |
| Estimated Completion: September 2012 |
Awarded Dollar Amount: Pending |
| Project Quarterly Report: Download (PDF) |
Matching Dollar Amount: $0.00 |
Project Description
The overall goal of the program is to stabilize the target geography by increasing the rate of homeownership, while staving off the blight of abandoned homes. The objectives include:
- Transform foreclosed, distressed properties into affordable housing assets.
- Give low-and moderate-income individuals and families an opportunity to secure the dream of homeownership.
- Ensure the long-term economic well being of the targeted neighborhoods and households supported.
Neighborhood Stabilization Program 2 Grant Application |