September 8 · Industry News »
HUD Announces NSP3
HUD Announces round three of the Neighborhood Stabilization Program, which allows for an additional $1 billion of funding to states and communities fighting the effects of the foreclosure crisis. In all, NSP has allocated $7 billion—$4 billion as part of HERA in 2008, $2 billion more in ARRA in 2009, and now this latest round, included in the Wall Street Reform and Consumer Protection Act. 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