The Neighborhood Stabilization Program (NSP) awarded grants to Missouri communities to assist in the acquisition, rehabilitation, and resale of foreclosed homes to income qualifying persons/families. Resale was limited to persons/families of low, moderate and middle income (LMMI) status.
The State received two separate allocations of NSP funding: $42,664,187 through the Neighborhood Stabilization Program and an additional $5,000,000 through Neighborhood Stabilization Program III (NSP3).
All NSP and NSP3 funds have been awarded to units of local government and other eligible entities (list below).
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Neighborhood Stabilization Program authorized by the Housing and Economic Recovery Act of 2008. Neighborhood Stabilization Program III (NSP3) authorized by the Dodd-Frank Wall Street Reform and Consumer Protection Act.
|St. Louis City||DN-17||2,325,993.00|
|St. Louis City||DN-305||1,600,000.00|
|St. Louis County||DN-18||6,466,168.00|
|St. Louis County||DN-306||2,946,047.00|
|St. Louis (city)||2011-DN-03||1,000,000|
|St. Louis County||2011-DM-04||1,000,000|
NSP Quarterly Reporting:
Department of Economic Development
Division of Business and Community Services
301 West High Street, Room 770
P.O. Box 118
Jefferson City, MO 65102
Phone: (573) 751-3600 Fax: (573) 526-4157