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Neighborhood Stabilization Program

As a result of the Housing and Economic Recovery Act of 2008, the U.S Department of Housing and Urban Development (HUD), is allocating $3.92 billion nationally to particularly hard-hit areas trying to respond to the effects of high foreclosures. HUD's new Neighborhood Stabilization Program (NSP) will provide targeted emergency assistance to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight.

Franklin County was awarded $5,439,644 of NSP funds from HUD. This funding is provided through HUD's Community Development Block Grant (CDBG) program.


Quarterly Performance Reports




John O'Grady President
Marilyn Brown
Kevin L. Boyce