PHOENIX NEIGHBORHOOD STABILIZATION PROGRAM

DO YOU QUALIFY FOR MONEY FROM THE CITY OF PHOENIX TO PURCHASE A HOME???? There are a lot of stimulus programs out there to assist buyers today. Below is information on Phoenix's plan. Let me know if you have questions. There is also Bond money available, I posted that information on a previous post.


Phoenix Neighborhood Stabilization Program (NSP)

The City of Phoenix will receive $39.4 million in Neighborhood Stabilization Program Funds (NSP) resulting from the Housing and Economic Recovery Act of 2008 (HERA). The funding will be used to implement a Neighborhood Stabilization Program to address abandoned and foreclosed properties through acquisition, rehabilitation, demolition, redevelopment and financial incentives.

The proposed Phoenix Neighborhood Stabilization Program, Substantial Amendment to the US Department of Housing and Urban Development Consolidated Plan and 2008 Annual Action Plan is available through the links below.
http://phoenix.gov/nsd/nspa.html