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NEIGHBORHOOD STABILIZATION PROGRAM - PART 1
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Plan |
The US Department of Housing and Urban Development
(HUD) earmarked $2,044,254 in Neighborhood Stabilization
Program (NSP) funding for the City of Arlington. To
participate in the NSP the City amended its Consolidated
Plan and Action Plan and submitted an application to HUD
by December 1, 2008. The City is authorized to
execute all necessary applications, certifications and
grant agreements and authorization to take all necessary
and appropriate action to implement the NSP now that HUD
has approved its plan. This work includes actions to
acquire and rehabilitate foreclosed or abandoned homes
in City Council approved target areas and sell acquired
homes to qualified eligible persons; to establish
financing mechanisms to enable qualified eligible
persons to acquire foreclosed or abandoned homes in
Arlington; and to acquire and demolish foreclosed or
abandoned homes in Arlington.
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Progress
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Impact
| 09/16/09 |
Arlington Family to Close on Their First Home
City’s New Neighborhood Stabilization Program Makes It Possible
Read the press release
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