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nsp
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Can Lease-Purchase Save Us?
As developers struggle to find buyers for rehabbed affordable homes, many are looking to a lease-purchase model to expand the pool of potential owners. But lease-purchase is far more complicated than just an end-run around the credit crunch.
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NSP at Halftime
The federal Neighborhood Stabilization Program is a welcome source of funds in struggling communities, and it has had a massive effect on the nature of the response to the problem of vacant foreclosed property. As NSP3 gets underway and the NSP1 obligation period comes to a close, Shelterforce looks back at NSP so far.
The Barney Frank Challenge
Barney Frank, the Massachusetts Democrat and chairman of the house Financial Services Committee, sits down with Shelterforce to discuss consumer protection, the future of Fannie and Freddie, the role of FHA, and rental housing and offers a challenge to advocates looking to effect change on the federal level.
NSP Funding For CLTs Around the Country
Given the present realities of housing markets throughout the country and corresponding national efforts like the Neighborhood Stabilization Program (NSP), it is an appropriate time to focus on the positive […]
NSP2 Announcement Coming Soon
HUD Secretary Shaun Donovan is expected to announce the NSP2 grantees, benefitting from nearly $2 billion of neighborhood stabilization program funds made available in the American Recovery and Reinvestment Act. […]
Riding the Storm Out
The $3.92 billion Neighborhood Stabilization Program can spur recycling of the stock of abandoned and foreclosed homes produced by the mortgage crisis.