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Home > Government > City Departments > Economic & Housing Development > Proposed NSP Consolidated Plan Substantial Amendment

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Proposed NSP Consolidated Plan Substantial Amendment

This Substantial Amendment to the City of Newark’s Annual Action Plan documents how the City shall utilize funds provided under the Housing and Economic Recovery Act of 2008 (HERA) (Pub.L. 110-289, 122 Stat. 2654, enacted July 30, 2008) through the United States Department of Housing and Urban Development’s (HUD) Neighborhood Stabilization Program (NSP.)  The NSP provides funds to municipalities to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities.  In addition, the funds can be used to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes.  The City of Newark intends to use these funds in a manner that complies with regulations established by the U.S. Department of Housing and Urban Development as published in the Federal Register on October 6, 2008 and will meet the requirements that all funds be used within 18 months from HUD execution of the NSP Grant Agreement.



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To be considered for the NSP RFP, you must complete the following forms. These documents MUST BE NOTORIZED AND/OR INCLUDE THE CORPORATE SEAL.