Neighborhood Stabilization Program

Pursuant to the Notice of Funding Availability (NOFA) for the Neighborhood Stabilization Program 2 (Docket No. FR-5321-N-01) under the American Recovery and Reinvestment Act of 2009 for the purpose of assisting in the redevelopment of abandoned and foreclosed homes, HUD is making $1.93 billion available by competition to eligible states, units of local government, non-profits, and consortia of non-profits. The deadline for submission is July 17, 2009.

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