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Neighborhood and Community Stabilization Programs

Government Programs 

Neighborhood Stabilization Program (NSP)
The U.S. Department of Housing and Urban Development administers the NSP, which was established to stabilize communities that suffered from foreclosures and abandonment. NSP grantees created local plans for the purchase and redevelopment of foreclosed and abandoned homes and residential properties. This Web page provides helpful information and resources related to property acquisition and relocation in connection with the NSP. Although NSP grantees were required to use all grant funds by March 2014, some programs continue to operate with program-related income, e.g., proceeds from the rental or sale of NSP properties.

HUD Exchange
A one-stop shop for the information and resources needed by NSP grantees, sub-recipients, and developers to purchase, rehabilitate, and resell foreclosed properties.

Hardest Hit Fund (HHF)
First announced in February 2010, the HHF provided $7.6 billion to the 18 hardest hit states, plus the District of Columbia, to develop locally-tailored programs to assist struggling homeowners in their communities. HHF programs are designed and administered by each state’s housing finance agency (HFA). In several states, including Michigan, Ohio, and Indiana, the Treasury Department has approved the use of HHF assistance for blight elimination, such as tearing down vacant, seriously damaged housing. Most of the states’ HHF programs are, however, aimed at helping unemployed homeowners remain in their homes while they search for new employment, and helping homeowners who owe more on their mortgages than their homes are worth. Although some states have completely used their HHF allocations, the remaining state HFAs have until the end of 2020 to use their remaining funds.

Organizations Engaged in Community Stabilization Activities 

National Community Stabilization Trust (NCST)
NCST is a nonprofit organization working with financial institutions and local housing providers across the United States to support neighborhood stabilization efforts. Since 2009, NCST has conveyed more than 17,000 properties at a discount to local housing providers to be renovated and sold or rented as affordable housing.

The Stable Communities Initiative
Launched in the fall of 2007, this initiative provides training, technical assistance, tools, and resources to help nonprofit community development organizations and their public- and private-sector partners stabilize communities.

Housing Partnership Network (HPN)
The HPN has been at the forefront of solutions to the housing and foreclosure crisis since the problem emerged over five years ago.

Center for Community Progress (CCP)
CCP focuses on meeting the growing need in America's cities and towns for effective, sustainable solutions to turn vacant, abandoned, and problem properties into vibrant places.

Making It Work
This four-part webinar series was presented in September and October of 2009 to provide practical information regarding neighborhood stabilization.

This geographic information system allows the user to easily create custom maps, tables, and charts using a variety of data, including HUD NSP data.

Foreclosed Property and Servicer Identification Resources 

The resources cited below provide contact information to help locate mortgage servicer property preservation departments and staff.

Mortgage Electronic Registration System (MERS)
MERS was created by the mortgage banking industry to streamline the mortgage process by using electronic commerce to eliminate paper.

  • Property Search on MERS
    Information about properties securing loans included on the MERS system can be obtained on the MERS Web site. Instructions on identifying servicers using the MERS system and servicers for a specific property can be accessed here.
  • MERS Neighborhood Benefits
    This Web site includes information regarding property preservation contacts, the current servicer for a property, information related to property preservation, and legislative information regarding vacant property registration ordinances.
  • My Mortgage Info
    MERS ServicerID is a free service that provides mortgage information on the current servicer and investor (owner of the note) for loans registered on the MERS System. Access to MERS ServicerID is also available by phone at (888) 679-6377.