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What is the Neighborhood Stabilization Program?
The Neighborhood Stabilization Program (NSP) was created by the Housing and Economic Recovery Act of 2008 to respond to rising residential foreclosures and property abandonment. The main purpose of the NSP is to stabilize neighborhoods negatively impacted by foreclosures. Orange County will use NSP funds to acquire, renovate, and sell of foreclosed homes at affordable prices to eligible families.
NSP Presentation - Mitchell Glasser (PowerPoint Show 2MB)
1st Quarter NSP Report (PDF - 30 KB)
2nd Quarter NSP Report (PDF - 31 KB)
3rd Quarter NSP Report (PDF - 21 KB)
NSP 2 Public Notice (PDF - 168 KB)
Neighborhood Stabilization Program 2 Application (PDF - 5.8 MB)
NSP Substantial Amendment To the 2008-09 Action Plan (PDF - 1.9 MB)
List of General and Trade Contractors Who Have Qualified for the Neighborhood Stabilization Program (PDF - 44 KB)
NSP TARGET AREA MAPS REQUEST FOR QUOTE RESULTS
Azalea Park(PDF - 249 KB) 6804 Moorhen Cr (PDF - 49 KB)
Meadow Woods (PDF - 158 KB) 1945 Florence Vista Blvd (PDF - 50 KB)
Oak Ridge / Holden Heights (PDF - 214 KB) 13619 Hawkeye Dr (PDF - 48 KB)
Pine Hills (PDF - 222 KB) 5421 Blue Tick Dr (PDF - 49.6 KB)
Union Park (PDF - 82 KB) 2042 Meadow Pond Way (PDF - 48 KB)
Homebuyers can choose one of the following options to purchase foreclosed homes under NSP
OPTION A Buy foreclosed homes that have been purchased by the County and completely renovated. These homes will be equipped with energy star appliances. Downpayment assistance of up to $35,000 will be available based on eligibility.
OPTION B Purchase foreclosed homes in NSP areas with your realtor and qualify for NSP downpayment assistance. Downpayment assistance of up to $35,000 will be available based on eligibility.
The following forms are for Prospective Home Buyers interested in purchasing a home utilizing the Neighborhood Stabilization Program :
Intake Form (PDF - 49 KB)
Application Cover Letter (PDF - 35 KB)
Application For Housing Assistance (PDF - 41 KB)
Asset Addendum To Application Form (PDF - 18 KB)
Authorization Release Form (PDF - 19 KB)
For additional information call (407)836-5171 or (407)836-5189 |