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DeKalb County Department of Purchasing and Contracting February 19, 2024REQUEST FOR PROPOSALS (RFP) NO. 24500669 FOR NEIGHBORHOOD STABILIZATION PROGRAM (NSP1) IMPLEMENTATIONProcurement Agent: Phone: Email:Today
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How to fill out neighborhood stabilization program

01
Contact local government or housing authority to inquire about the neighborhood stabilization program
02
Complete any necessary applications or paperwork required for the program
03
Provide documentation of income, residency, and any other eligibility requirements
04
Attend any required meetings or interviews with program administrators
05
Wait for approval and follow any additional instructions for participation in the program

Who needs neighborhood stabilization program?

01
Low-income individuals or families who are struggling to afford housing in their community
02
Communities or neighborhoods facing decline or disinvestment and in need of revitalization efforts
03
Homeowners facing foreclosure or in need of assistance to maintain their property
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The Neighborhood Stabilization Program (NSP) is a federal program designed to assist communities in purchasing and rehabilitating vacant and foreclosed properties to stabilize neighborhoods affected by the housing crisis.
Entities that participate in funding or receiving funds from the Neighborhood Stabilization Program, such as local governments, non-profits, and developers involved in NSP activities, are required to file reports.
To fill out the Neighborhood Stabilization Program documentation, participants must follow specific guidelines provided by HUD, which include providing detailed information regarding activities, expenditures, and outcomes associated with NSP funding.
The purpose of the Neighborhood Stabilization Program is to mitigate the negative effects of foreclosures and abandonment in communities, fostering economic recovery and revitalizing neighborhoods.
Participants must report information including but not limited to the number of properties acquired, rehabilitated, or demolished, expenditures, demographic data of beneficiaries, and the overall impact on the community.
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