Advocating for and pursuing affordable housing opportunities for the maximum number of low-income individuals and families in Arlington.

Housing :: Other Services :: Neighborhood Stabilization Program

The City of Arlington has successfully fulfilled its responsibilities to the U.S. Dept of Housing and Urban Development (HUD) under the Neighborhood Stabilization Program (NSP). All NSP grant funds were utilized for grant eligible purposes within the grant period.

The City is currently finalizing the construction of two single family homes on property acquired by the Arlington Housing Authority. Construction is expected to be completed and homes sold in early 2018. This will be the final NSP related activity in Arlington.

History of the NSP program in Arlington:

The Neighborhood Stabilization Program (NSP) was established by the Housing and Economic Recovery Act of 2008 on July 30, 2008. The purpose of the NSP is to help the community address foreclosures in its neighborhoods.

The City of Arlington’s NSP is administered by the Housing Authority of the City of Arlington. Please click on the links below for information about how the NSP funding was utilized.

The NSP was a four year grant that ended in March 2013. The Program was designed to address the harmful impact to neighborhoods caused by a high incidence of home foreclosures. NSP funding was not permitted to be used to prevent foreclosures.

The City of Arlington designed a program to address foreclosed properties in two areas located in East and Southeast Arlington. These were identified by HUD as areas with a high incidence of home foreclosures. The City adopted a three-phased strategy. In Phase One, the City utilized NSP funds to create a financial mechanism to assist qualified homebuyers to acquire vacant, foreclosed properties in the target areas. This initiative assisted 28 households to acquire vacant, foreclosed properties. In Phase Two, the City acquired 8 vacant, single family homes in the target areas, rehabilitated the homes and sold the homes to qualified homebuyers. In Phase Three, the City acquired two vacant, single family homes that were in seriously substandard condition, demolished the homes with plans to redevelop the site with a new, single family home and sell the homes to qualified homebuyers.

At the conclusion of the grant, the City satisfied all NSP program requirements and expended all NSP grant funds on grant eligible activities. The City intends to complete Phase Three with NSP program income.

The City bid design-build services in June 2016.  The contract was awarded to Tarrant County Housing Partnership, Inc., and construction began in 2017. Both homes are expected to be completed and sold in early 2018.

Reporting

Quarterly reporting of NSP program activities and expenditures are provided to HUD and are available to the public to help keep citizens informed with reports regarding the use of NSP funding. Click on a link below to review the quarterly update.