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Neighborhood Stabilization Program (NSP)

The federally funded Neighborhood Stabilization Program (NSP) will assist state and local governments to acquire and redevelop abandoned and foreclosed properties that might otherwise become sources of abandonment and blight within their community. The program will also provide funds to increase the availability of affordable housing for households with incomes up to 120 percent of the area median income (AMI). The program is authorized under Title III of the Housing and Economic Recovery Act of 2008 (HERA). NSP funding amounts were determined by a formula established by HUD using criteria specified by HERA.

The County of Volusia has received an allocation of $5,222,831 for use in Volusia County, except for the cities of Daytona Beach, Deltona and Port Orange, which are not part of the county’s CDBG program. These funds will be utilized for such things as:

  • Purchase and rehabilitation of abandoned and foreclosed homes to resell, rent or develop
  • Homebuyer assistance, such as down payment, closing costs and other financing mechanisms to eligible homebuyers to purchase the homes
  • Financing mechanisms to purchase and redevelop abandoned and foreclosed homes
  • Demolition of blighted structures
  • Redevelopment of sites
  • Delivery and administrative costs

NSP SUBSTANTIAL AMENDMENT PLAN (HUD-APPROVED)
 Volusia County’s plan for the NSP was approved by the Volusia County Council Nov. 13, 2008, and subsequently by the U.S. Department of Housing and Urban Development (HUD) Jan. 15, 2009. The county’s NSP will initially focus on four primary target areas identified as having a very high rate of foreclosed and abandoned homes. These target areas are portions of the cities and unincorporated county areas of DeLand, Edgewater, Holly Hill and Orange City. Click here for maps of each target area.

PUBLIC NOTICE
NSP Plan revision
NSP Primary
NSP Secondary

Reporting progress
The Community Assistance Division is required to post its quarterly reports on its Web site so that the public will be able to follow its progress.

1st Quarter NSP report - 04/01/09 - 06/30/09 [PDF]
2nd Quarter NSP report - 07/01/09 - 09/30/09 [PDF]
3rd Quarter NSP report - 10/01/10 - 12/31/09 [PDF]

Additional information and links:
NSP Guidelines  (revised May 11, 2009)
NSP Administration Resolution
NSP Federal Register Notice (Oct. 6, 2008)
Purchasing and Contracts Division

NSP contact person:
Diana Phillips, Manager
Housing and Grants Administration
110 W. Rich Ave.
Deland, FL 32720
(386) 736-5955
dphillips@co.volusia.fl.us

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