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Grantee: State of Maryland Grant: B-11-DN-24-0001 January 1, 2013, through March 31, 2013, Performance Report 1 Community Development Systems Disaster Recovery Grant Reporting System (DRG) Grant Number:
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What is neighborhood stabilization program?
The neighborhood stabilization program is a federal initiative aimed at stabilizing neighborhoods that have been affected by high rates of foreclosure and abandonment.
Who is required to file neighborhood stabilization program?
Local governments and nonprofit organizations are generally required to file the neighborhood stabilization program.
How to fill out neighborhood stabilization program?
To fill out the neighborhood stabilization program, you need to provide information about the properties you plan to acquire, rehabilitate, or demolish, as well as details about your plans for revitalization and how you will provide affordable housing to qualified buyers or renters.
What is the purpose of neighborhood stabilization program?
The purpose of the neighborhood stabilization program is to stabilize communities that have been heavily impacted by foreclosure and blight, and to promote affordable housing options for low- and moderate-income individuals and families.
What information must be reported on neighborhood stabilization program?
The neighborhood stabilization program requires reporting on the properties acquired, rehabilitated, or demolished, details of the revitalization plans, information about the affordable housing options provided, and other relevant data as specified by the program guidelines.
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