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Neighborhood Stabilization Program (NSP) <br />• Establish land banks for homes that have been foreclosed <br />+ Demolish blighted structures <br />• Redevelop demolished or vacant properties <br />Ineligible Activities <br />• Generally, if an activity is ineligible under CDBG, it is ineligible under NSP <br />• Foreclosure prevention <br />• Demolition of non-blighted structures <br />Purchase of properties not abandoned or foreclosed upon <br />• Redevelopment for commercial purposes <br />Action Plan <br />F " .' NSF {Zf708 Sut35tanti~l_Amertdn~ent)_Rction Plan -revised January 12, 2009 <br />' {2008 Substantial Amendment.) Action Plp_n <br />!' ~ .,erice <br />°__ >ata _Notice of Pubiic_Nearin and Draft Availability <br />-September 26, 2008 <br />Program Information <br />N5P Timeline <br />Minnesota H_o. using.._F.AQs -revised January 23, 2009 <br />Nc'i-~i~;: , •s Archive <br />~" , ~` '?utreach 1 C~verviev~ _Powerpoint -October 17, 2008 <br />;;~ ' ~ ,~u Housing Technical Assist,ar7ce_ - (Training opportunities) <br />NSP Award Announcements -Available February 2009 <br />NSP Usage Report -Available March 2009 <br />Application Materials <br />Minnesota Housinga€T'"s NSP Funding Applications are due January 28, 2009. <br />Ap ~~uicie <br />Pry" ~ , <br />'"fin -revised January 5, 2009 <br />is 1 ~`ip Code Budget <br />~i,r j r~^~ur?ty Budget <br />i' "?ain`t <br />Nc," ~-?~t Starydards -revised January 5, 2009 <br />Aff" ~ F.:."" mousing I~1a_rketing_Piar7 <br />~ Ir~tpediments f©_Fair Nc~i~sing <br />NSP Income Limits: 50°io P~3,edian Income, i20°lo_Median Income. <br />Resources <br />::Ufa '~P Information <br />,- <br />' ~' Approved_Counse.l±ng A.g~.~~cies <br />{ ~ _ ~ ~ aiscount_Methodology - (Powerpoint) <br />Matching_Stratege.s to Neighborhood Conditions - (Powerpoint) <br />M ~'`;-'-aiiizirtg Neighf~orhoods by Addressing. Foreclosed and Abandonded <br />P _ _ , ',~___._sion Paper <br />Page 2 of 3 <br />http://www.mnhousing.gov/resources/apply/MHFA_OO7433.aspx?print=true 2/24/2009 <br />