Neighborhood Stabilization Program
Information about Washtenaw County/City of Ann Arbor's Neighborhood Stabilization Program (NSP) funds from the U.S. Department of Housing and Urban Development (HUD).
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What is NSP?
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What NSP is not
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Urban County of Washtenaw HUD Allocation
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City of Ann Arbor HUD Allocation
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Maps of Eligible Areas
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Resources
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Articles
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NSP Quarterly Reports on Activities
NSP II Application
Washtenaw County and the City of Ann Arbor Office of Community Development has applied for $19,750,000 from the Dept. of Housing and Urban Developments second round of Neighborhood Stabilization Program funds (NSP 2). NSP 2 funds can be used to acquire and rehabilitate abandoned and foreclosed residential properties, demolish blighted properties, and redevelop vacant properties as housing. The funds can only be used in NSP 2 eligible areas. HUD will be announcing the award recipients in October/November of 2009. The County has already been awarded $3,026,0000 in NSP I funds and the City of Ann Arbor has been awarded $850,000. Citizens who wish to apply for down payment assistance to purchase an abandoned or foreclosed home, must contact MSU Extension at 734 997-1678 and complete a homebuyer education course to apply. Applicants must also have income at or below 120% of the Area Median Income which is $71,600 for a 1-person household and $102,200 for a 4 person household. Contractors who wish to bid on rehabilitation jobs must get pre-qualified by submitting an application and attending a contractor training to be approved.
Washtenaw County/City of Ann Arbor NSP II application ( PDF)
What is NSP?
The purpose of the Neighborhood Stabilization Program (NSP) is to acquire and redevelop foreclosed and abandoned properties that are having a negative impact on the community. NSP provides grants and loans to acquire and rehabilitate owner and rental housing; demolish blighted properties, and acquire properties through a Land Bank for redevelopment.
What NSP is not
NSP is not a foreclosure prevention program. Unfortunately, NSP funds cannot be used to help people having difficulty paying their mortgage or taxes to stay in their homes.
However, other programs do exist to help people with mortgage and tax foreclosure problems in Washtenaw County. Please contact 734 222-6746 for more information.
Urban County of Washtenaw HUD Allocation
The Urban County of Washtenaw was awarded $3,024,719. Housing and Urban Development (HUD) required all fund recipients to submit a plan to HUD on how to spend these funds by December 1, 2008. The public comment period was from November 12th, 2008 until November 28th, 2008. See a map of NSP eligible areas (where NSP funds can be spent in the Urban County).
City of Ann Arbor HUD Allocation
The City of Ann Arbor was also awarded $850,000 in NSP funds from the State of Michigan. See a map of NSP eligble areas. An application for funds/plan was submitted to Michigan State Housing Development Authority (MSHDA).
Maps
map of NSP 2 eligible areas, Washtenaw County and City of Ann Arbor
map of NSP 1 eligible areas, Urban County
map of NSP 1 eligible areas, City of Ann Arbor
Resources
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Calendar of Events - RFP deadline, bidders conference, meetings, trainings
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DRAFT Housing Program Guidelines, amended to include NSP fund requirements (Coming Soon)
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Affordable Housing Request for Proposal HOME, NSP, CDBG
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Addendum of Maps: City of Ann Arbor NSP areas, Urban County (Superior Twp, Ypsi Twp, Ypsi City) NSP areas, Urban County HOME & CDBG
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Quickfinder Guide (Updated 4/17/09 for NSP & HOME funded homebuyer program (pdf includes Maps) pdf word
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Draft Program Guidelines for Revolving Loan Fund for Demolition (Coming Soon)
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Charter Township of Ypsilanti Nuisance Abatement Policies and Procedures
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Washtenaw Housing Education Partnership (WHEP) flowchart of process (updated 12/18/08) related to NSP & HOME funds
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Tax Reversion Procedure (PDF)
Please go directly to HUD's website at http://www.hud.gov/nsp to find out additional information about the program rules, guidelines and formulas.
Articles
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Defaulting on the Dream: States Respond to America's Foreclosure Crisis by The Pew Charitable Trusts April 2008 (PDF)
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Troubled Asset Relief Program: Status of Efforts to Address Defaults and Foreclosures on Home Mortgages. United States Government Accountability Office (GAO) Testimony Before the Subcommittee on Financial Services and General Government, Committee on Appropriations, U.S. Senate. Statement of Matthew J. Scire, Director, Financial Markets and Community Investment. December 4, 2008. (PDF)
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From the Exotic to Subprime by Daniel Immergluck. Journal of the American Planning Association, Vol. 74, No. 1, Winter 2008. (PDF)
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Collateral Damage: the Municipal Impact of Today's Mortgage Foreclosure Boom by William C. Apgar and Mark Duda, May 11, 2005. (PDF)



