Neighborhood Stabilization Program (NSP)

Description: The U.S. Department of Housing and Urban Development's new Neighborhood Stabilization Program (NSP) provides targeted emergency assistance to states and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight. Through this program, Minneapolis and Saint Paul will be offering financing programs for consumers to purchase foreclosed upon residential properties. Visit the following links for program updates:

Minneapolis NSP website: http://www.ci.minneapolis.mn.us/foreclosure/NSP.asp

Saint Paul NSP website: http://www.stpaul.gov/index.asp?NID=2837

Minnesota Housing NSP website: http://www.mnhousing.gov/resources/apply/MHFA_007433.aspx

Add this page to your favorite Social Bookmarking websites

“I love the proximity to light rail, Lake Street and Minnehaha Falls. I am 15-20 minutes from anything in the Metro area. The homes are well cared for and the neighbors are active and very nice. I feel good about raising my family here.”

- Jeremy
Standish neighborhood, Minneapolis

Submit your testimonial

Subscribe to Newsletter