Neighborhood Stabilization Program definition

Neighborhood Stabilization Program or “(NSP)” means HUD’s Neighborhood Stabilization Program enacted to provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. NSP provides grants to every state and certain local communities to purchase foreclosed or abandoned residential properties and to rehabilitate, resell, or redevelop these properties in order to stabilize neighborhoods and stem the decline of neighborhood values.
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Neighborhood Stabilization Program or “(NSP)” means HUD’s Neighborhood Stabilization Program enacted to provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. NSP provides
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Neighborhood Stabilization Program or “(NSP)” means HUD’s Neighborhood Stabilization Program enacted to provide emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise
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Examples of Neighborhood Stabilization Program in a sentence

  • X Neighborhood Stabilization Program 1 Formula grants for the purpose of providing emergency assistance to stabilize communities with high rates of abandoned and foreclosed home.

  • DISB provides foreclosure mitigation assistance and DHCD funds foreclosure prevention counseling and other Federal programs including the Neighborhood Stabilization Program (NSP).

  • The purpose of this Contract is to provide funding for project activities approved by the Department under the Neighborhood Stabilization Program (NSP) for FFY 2008.

  • It is expressly understood by the parties hereto that this Agreement is dependent and conditioned upon the receipt by the City of Neighborhood Stabilization Program Grant funds from MDOC and that in event that said funds are not provided, the City incurs no responsibilities or liabilities under this Agreement.

  • The Owner hereby agrees to abide by the covenants, terms and conditions set forth in this Deed of Easement and Restrictive Covenants in consideration of the award of Neighborhood Stabilization Program ("NSP") funds to _____________________________ [name of entity that received the NSP Funds] (the “Grantee").

  • Supplier shall not substitute any of its property for the Tooling or any part thereof.

  • The additional funds are referred to as the Neighborhood Stabilization Program 2 (“NSP2”).

  • Additional toolkit resources may be found at ▇▇▇.▇▇▇.▇▇▇/▇▇▇▇▇ U.S. Department of Housing and Urban Development Page 1 Neighborhood Stabilization Program This agreement is made and entered into this _________day of __________, 20XX, by and between Legal Name of Organization/Land Bank (hereinafter referred to as the “Owner”) and ________________________________________________ (hereinafter referred to as the “Contractor”).

  • Additional toolkit resources may be found at ▇▇▇.▇▇▇.▇▇▇/▇▇▇▇▇ U.S. Department of Housing and Urban Development Page 1 Neighborhood Stabilization Program Notes to Grantees: Yellow highlight indicates program-wide parameters that will be applicable to all projects Green highlight indicates project-specific information Companion Documents.

  • These addresses comprise the “Project” funded under the Neighborhood Stabilization Program (NSP).


More Definitions of Neighborhood Stabilization Program

Neighborhood Stabilization Program or “(NSP)” means HUD’s Neighborhood
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