The FINAL Neighborhood Stabilization Program 3 Substantial Amendment to the 2010 Consolidated Plan
On October 19, 2010, HUD released the NSP3 Notice with the requirements for the new allocation of NSP funds that were authorized in the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Act provides $970 million in new NSP funds to states and local governments to continue to assist in the redevelopment of abandoned and foreclosed homes.
The State of Michigan‘s NSP 3 substantial amendment to the 2010 Consolidated Plan describes how it will distribute and use the NSP 3 funds.
The FINAL Neighborhood Stabilization Program 3 Substantial Amendment to the 2010 Consolidated Plan (download pdf).
Subject: Neighborhood Stabilization Program 3