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HUD'S new Neighborhood Stabilization Program provides emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. The Neighborhood Stabilization Program (NSP) provides grants to every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes. Montgomery County's allocation is $5.98 million.
Montgomery County NSP Plan (Substantial Amendment)
Montgomery County NSP Eligibility Maps
Montgomery County NSP Greatest Need Area Maps
Current NSP Request
NSP Request for Proposals
Appraisal Services
Real Estate Services
Title Services
Additional NSP Related Information
Link to HUD's NSP web-page
Area Median Income Guidelines
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