May 4 · Industry News »
Donovan Announces NSP II: $2B in Recovery Act Funds for Neighborhood Stabilization
U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced that HUD is now soliciting grant applications under the Department’s Neighborhood Stabilization Program (NSP) to make available nearly $2 billion in Recovery Act funding to states, local governments and non-profit housing developers to combat the effects of home foreclosures. Applications for NSP funds will be due July 17, 2009. more
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New Consolidated Plan Better Supports Community Investment Decisions
Mercedes Márquez, HUD's assistant secretary for community and planning development, outlines changes to HUD's Consolidated Plan. These changes are intended to streamline the application process, making it easier to comply with requirements. In addition, the expanded data and new mapping tool will serve as resources in analyzing local need and targeting strategies to address local challenges.


National Housing Institute