Neighborhood Stabilization Program Data
HUD's new Neighborhood Stabilization Program (www.hud.gov/nsp) provides 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. The Neighborhood Stabilization Program (NSP) provides grants to every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes. The program is authorized under Title III of the Housing and Economic Recovery Act of 2008.
This site provides data that may be useful for NSP grantees implementing the program. The following data are available on this website:
Data used to calculate the formula grants. The allocation was done via a two-step method that first made statewide allocations and then local allocations. The raw data and step-by-step information on how each allocation was calculated are available for both the statewide allocation and the local allocations.
Data on the income limits applicable for NSP
Data showing which Census Block Groups qualify for area benefit, where more than 51% of persons are determined to be low-, moderate-, and middle-income (less than 120% of area median family income) and a foreclosure and abandonment risk score for each block group.
Local Level Foreclosure Data
As an organization either applying to HUD for NSP grant dollars or interested in the program, you know that HUD expects grantees to consider several specific pieces of data in preparing plans and strategies for targeting funds. Click here to view the mapped data on PolicyMap.
Powerpoint presentation describing formula and targeting data at Los Angeles training.