Neighborhood Stabilization Program
Programa de Estabilzacion de Vencindario

Program Overview

The Neighborhood Stabilization Program (NSP) is authorized by the Title III of Division B of the Housing and Economic Recovery Act, 2008 (HERA).

Funds under the act may be used to buy foreclosed and abandoned homes; to buy land and property, to demolish or rehabilitate abandoned properties, and to offer downpayment and closing cost

assistance to middle income (less than 120% of Area Median Income (AMI)) homebuyers. Canton's allocation is $2,182.988.

The funds must be obligated within 18 months of receipt of the award agreement from the Department of Housing and Urban Development (HUD), and all funds must be spent within four years of agreement receipt. Any funds remaining at the end of the four years are recaptured by HUD.

 

For More Information please contact:

• Anne Zobel
  Director of Special Projects
  Wayne Metropolitan Community Action Agency
  2121 Biddle, Suite 102
  Wyandotte, MI 48192
  Phone: 734/246-2280, ext. 126
• Latanya Clemons-Parks
  Foreclosure / HPRP Case Manager
  MSHDA-Certified Housing Counselor
  Wayne Metropolitan C.A.A.
  2121 Biddle, 2nd Floor
  Wyandotte, MI 48192
  Phone: 734/284-6999 ext. 227