HUD solicits grant applications under Neighborhood Stabilization Program (NSP)

WASHINGTON – 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…

3rd Round of Neighborhood Stabilization Grants Announced

WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan awarded an additional $1 billion in funding to all states along with a number of counties and local communities struggling to reverse the effects of the foreclosure crisis. The grants announced today represent a third…

First Look Program for NSP Grantees on Foreclosures

WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced an unprecedented agreement with the nation’s top mortgage lenders to offer selected state and local governments, and nonprofit organizations a “first look” or right of first refusal to purchase foreclosed homes before…