Congress established the Neighborhood Stabilization Program (NSP) for the purpose of stabilizing communities that have suffered from foreclosures and abandonment. Through the purchase and redevelopment of foreclosed and abandoned homes and residential properties, the goal of the program is being realized.
Guides, tools, sample policies and procedures, and written agreements are provided to assist grantees and program partners in designing and implementing their programs.
This guidance is intended to help grantees prepare and complete the NSP closeout process.
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