Neighborhood Stabilization Program
Down Payment Assistance is Available
What is the Neighborhood Stabilization Program (NSP)?
Congress created the Neighborhood Stabilization Program to help cities, counties and states deal with community problems that are the result of the mortgage foreclosure crisis in the nation. HUD provides money to about 250 local governments (cities and counties) and all 50 states. Generally, the money must be used to buy, fix up, and resell foreclosed and abandoned homes. As long as the funds are used for this redevelopment, the units of government that receive HUD funds decide how to use the funds and what specific redevelopment activities to undertake.
If you are interested in participating in this program, you need to contact your city, county, and/or state to find out how the program operates in your area. This is true both for prospective home buyers and for potential contractors, non-profits, and other partners.
To find out who administers the Neighborhood Stabilization Program in your area, see below.
Additional information about the NSP Program is available at the HUD NSP website at www.hud.gov/nspta
Where can I get more info for Neighborhood Stabilization Program (NSP)?
Here are some direct contacts to find out how you can qualify for down payment assistance through the Neighborhood Stabilization Program (NSP). You can call the Teddy Castro Group - NeXGen Real Estate office (623) 536-2229 or email at NSP@HomeExecsRealty.com and we can discuss opportunities and refer you to our preferred contacts.
Programs Available for Arizona Residents
|Arizona State Program||NSP-1||Reginald||Givens||602-771-1041|
|Avondale City, AZ||NSP-1||Sandy||Lopez||623-333-2726|
|Chicanos Por La Causa||NSP-2||David||Adame||602-257-0700|
|Maricopa County, AZ||NSP-1||Renee||Ayres-Benavidez||602-372-1524|
|Pima County, AZ||NSP-2||Gary||Bachman||520-243-6750|
|Pima County, AZ||NSP-1||Margaret||Kish||520-243-6777|
|Pima County, AZ||NSP-2||Margaret||Kish||520-243-6777|
|Surprise Town, AZ||NSP-1||Christina||Ramirez||623-222-3238|