Neighborhood Stabilization Program 2 (NSP2)
On February 17, 2009, the President of the United States signed Title XII of the American Recovery and Reinvestment Act of 2009 (ARRA) into law. ARRA appropriates 1.93 billion in competitive Neighborhood Stabilization Program (NSP2) funds. The Agency responsible for the implementation of the program is the United States Department of Housing and Urban Development (HUD). The program objectives and eligible uses did not change under the Recovery Act, but the allocation process and some regulations on the funds did change. The deadline to apply for NSP2 funding was July 17, 2009.
In order to receive NSP2 funds, the City was required to submit an application to HUD. The application is a competitive one and as such, is not guaranteed any NSP2 funds. The application required that the City delineate the programs that the City intends to implement with the funds and the amount of funds proposed for each program. In addition, the City submitted a new application (SF-424) for the competitive funds being requested as well as executing the required NSP2 certifications (See NSP2 Application below).
HUD is required a minimum time for citizen comments of 10 days. Application materials relating to target geography and proposed uses of funds were posted on the City’s official website as the materials were developed, published, submitted to HUD, and approved by HUD. Despite the competition process, the City is still responsible for ensuring that all citizens have equal access to information about the programs. The public comment period took place between July 3, 2009 and July 14, 2009. The notice was published (see NSP2 Public Review Notice below) in accordance with its approved Citizen Participation process.
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