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Genesee County Neighborhood Stabilization Program (NSP) Preliminary Homebuyer Application Genesee County received money from the Federal government under the Neighborhood Stabilization Program (NSP).

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The NSP Program is an initiative to assist states, counties, and cities with the absorption of distressed foreclosed housing units and prevent further neighborhood deterioration.

Homebuyer Benefit Prospective homebuyers will have the opportunity to purchase homes that have received necessary rehabilitation/repairs prior to the closing. Homes will be sold at affordable prices. Qualified buyers will receive assistance in the form of a subsidy (second mortgage to be provided by Lee County).

About the Program The County utilizes NSP funds to purchase vacant foreclosed homes throughout the County, make necessary repairs on the homes, and resell these properties to income eligible homebuyers. This program does not provide foreclosure prevention assistance.

The Neighborhood Stabilization Program (NSP) consists of grant funds awarded over three rounds of funding following the housing crash of the late 2000's. The stated purpose of the NSP grant was for the stabilization within communities that had suffered from high levels of home foreclosures and aban- donment.

About the Program The County utilizes NSP funds to purchase vacant foreclosed homes throughout the County, make necessary repairs on the homes, and reselling these properties to income eligible homebuyers. This program does not provide foreclosure prevention assistance.

The Neighborhood Stabilization Program (NSP) is for the City of Fort Myers residents with an adjusted family income that is up to 120% of the area household median income approximately $73,000. You must not currently own your own home and your NSP home must be your primary residence.

Establish financing mechanisms for purchase and redevelopment of foreclosed homes and residential properties. Purchase and rehabilitate homes and residential properties abandoned or foreclosed. Establish land banks for foreclosed homes.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232