NeighborWorks® Columbus of Columbus, Georgia is submitting an application to the Department of Housing and Urban Development under the second round of Neighborhood Stabilization Program (NSP). Funds in the amount of approximately $15,000,000 will be sought to help stabilize as many as 18 different census tracts in the greater Columbus area. This plan would include the purchase of vacant, abandoned and foreclosed properties. These lots would be rehabbed and sold to those earning from below 50% up to 120% of the Area Median Income.
 
The Neighborhood Stabilization Program (NSP) was established by Section III of Division B of the Housing and Economic Recovery Act (HERA), 2008.   HERA provided funding to assist states and localities in the redevelopment of abandoned and foreclosed Homes.
 
The Draft of the application requesting the funding will be placed on NeighborWorks® Columbus’ website at http://www.nwcolumbus.org. The Draft may also be reviewed at the following locations between the hours of 8:00 and 5:00 Monday through Thursday after July 15:
 
      NeighborWorks® Columbus * 18 Eleventh Street * Columbus GA 31901
 
A Public Comment Period begins on July 8, 2008 and ends September 30, 2009. 
Please comment on this post or written comments may be submitted to:  

NeighborWorks®

18 Eleventh Street                
Columbus, Georgia 31901
Attn: David Fox           
Or via email at dfox@nwcolumbus.org
         
 For questions regarding the grant, please contact David Fox at (706) 324-4663.