Neighborhood Stabilization Program 1

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Basic Info

The CDBG Neighborhood Stabilization Program (NSP 1), which is Title III of the Housing and Economic Recovery Act of 2008, H.R. 3221, is a program designed to assist local governments to purchase abandoned and foreclosed properties.

Please note that as HUD issues guidelines for the development of Georgia's Method of Distribution for these funds, we will forward news, information and status updates to Georgia's local governments.