Neighborhood Stabilization Program (NSP)
This program provides funding to communities to combat the housing crisis caused by foreclosures and problematic mortgage lending, enabling them to revitalize neighborhoods and support affected residents.
Grants to communities to address the housing foreclosure crisis created by subprime and other problematic mortgage lending. This program is authorized under the federal Community Development Block Grant (CDBG) Program. See “Where to Apply” below. Financial Info: Competitive Program – there will be no cap on the amount of funds that can be requested. Applicants are asked to base their request on what is necessary to complete the proposed project given other sources of funds and the ability to complete the project within 18 months of a contract award.
Award Range
Not specified - Not specified
Total Program Funding
Not specified
Number of Awards
Not specified
Matching Requirement
No
Eligible Applicants
Additional Requirements
Existing eligible NSP grantees, that are units of local government, which have successfully implemented their original grant contract and have met their original projected goals.
Geographic Eligibility
All
Application Opens
Not specified
Application Closes
Not specified
Grantor
Pennsylvania Department of Community and Economic Development
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