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The Evaluation of the Neighborhood Stabilization Program

The Evaluation of the Neighborhood Stabilization Program
Author: Katherine M. O'Regan
Publisher:
Total Pages: 250
Release: 2015-05-27
Genre:
ISBN: 9781457868207

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The Neighborhood Stabilization Program (NSP), which built on Community Development Block Grant concepts, was part of a package of U.S. Dept. of Housing and Urban Development (HUD) programs adopted to deal with the consequences of the housing market collapse. NSP had three rounds of funding, all directed toward assisting communities as they addressed the neighborhood effects of the wave of foreclosures that followed the end of the housing boom. The principal concern was that the foreclosures had a contagion effect, depressing the value and maintenance of surrounding properties and intensifying the crisis at the neighborhood level. This analysis focused on the second round (NSP2). It found that NSP2 was too modestly funded to consistently arrest the declines in property values or achieve the impacts that were hoped for. Figures. This is a print on demand report.


Frequently Asked Questions

Frequently Asked Questions
Author:
Publisher:
Total Pages:
Release: 2009
Genre: Abandoned houses
ISBN:

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The Neighborhood Stabilization Program

The Neighborhood Stabilization Program
Author: W. Marvin Wilmoth Jr.
Publisher: LAP Lambert Academic Publishing
Total Pages: 64
Release: 2010-10
Genre:
ISBN: 9783838372099

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I conducted a hypothetical case study on the 7900 block based on information from Generation Development Group's experience of the entire development process from acquisition and financing through construction and ultimately a sale using the NSP guidelines to estimate returns and cash flows. By using this property as the "model" for an average two-flat development we can then extrapolate using the findings from this example to determine the potential level of effectiveness the NSP program will have on the City of Chicago's median market value of homes, overall tax base and number of affordable units created. Those findings will then be compared to the stated goals of the City in an attempt to determine effectiveness of the NSP Program.


Helping Mainstreet

Helping Mainstreet
Author:
Publisher:
Total Pages:
Release: 2009
Genre: Foreclosure
ISBN:

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2008 Action Plan Substantial Amendment

2008 Action Plan Substantial Amendment
Author: Connecticut. Department of Economic and Community Development
Publisher:
Total Pages:
Release: 2008
Genre: Foreclosure
ISBN:

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The NSP Substantial Amendment

The NSP Substantial Amendment
Author:
Publisher:
Total Pages: 31
Release: 2009
Genre: Community development, Urban
ISBN:

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"This document is a substantial amendment to the New York State Consolidated Plan for 2006 to 2010 and the subsequent Action Plan for Program Year 2008 submitted by the State of New York (the "Amendment"). Included herein is the expected distribution and use of New York State's direct allocation of funds received through the U.S. Department of Housing and Urban Development's ("HUD") recently announced Neighborhood Stabilization Program ("NSP")"--Page 1.