NSP2

The American Recovery and Reinvestment Act of 2009 (ARRA) has made $1.92B available for the second round of the Neighborhood Stabilization Program (NSP2) through the US Department of Housing and Urban Development. 

The Notice of Funding Availability (NOFA) released by HUD on May 4, 2009

allowed units of general local government to enter into agreements to form a Consortium for the purpose of applying for, obtaining and administering the NSP2 program as a single entity.

The Cities Dayton, Kettering, Fairborn and Montgomery County will apply jointly for $50 Million for neighborhood stabilization activities, with $3.36 Million for activities within the City of Kettering.  These activities include:

• New Construction of homes in Census Tract 210 (Wiles Creek)
• Acquisition and Rehabilitation of homes in Census Tract 210 (Wiles Creek)

        and 213.02  (Rolling Fields)

• Down Payment Assistance for purchase of foreclosed and vacant homes

        in Census Tract 210 (Wiles Creek) and 213.02  (Rolling Fields)

Comments on this plan will be accepted through July 15, 2009.  All comments should be directed to:

Angela Williams

Community Development Manager

3600 Shroyer Road

Kettering, OH 45429

937-296-2524

angela.tucker@ketteringoh.org

The link to the NSP2 Program through the U.S. Department of Housing and Urban Development is:

http://portal.hud.gov/portal/page?_pageid=153,7973319&_dad=portal&

_schema=PORTAL