The National Housing Institute supports the individuals and organizations that work to create healthy and thriving communities. NHI is at the intersection of theory, practice and policy in community development. We support the field through our quarterly magazine, Shelterforce, as well as through research, convenings, and our community development blog, Rooflines.

August 28  ·  Industry News »

HUD To Assist States, Localities With Foreclosed Properties

HUD will appropriate $50 million in Recovery Act funds to help state and local governments address the inventory of foreclosed properties assisted under the Department’s Neighborhood Stabilization Program (NSP). HUD is awarding $44.5 million to nine national organizations and another $5.5 million to help local communities purchase, rehabilitate and resell foreclosed properties in especially hard-hit neighborhoods. more