Colorado Division of Housing

Neighborhood Stabilization Program

NSP 1 Contact: Alison O'Kelly
Telephone: 303-866-3409
E-mail: alison.okelly@state.co.us

NSP 2 Contact: Lynn Shine
Telephone: 303-866-2046
E-Mail: lynn.shine@state.co.us

Through the Housing and Economic Recovery Act, the State of Colorado has been granted over $53 million for the Neighborhood Stabilization Act. These funds are to be used to mitigate the neighborhood effects of foreclosures in areas of greatest need. HUD allocated these funds as follows:

Colorado State Program

$34,013,566

Adams County
$4,600,211
City of Aurora
$4,474,097
City of Colorado Springs
$3,904,989
City and County of Denver
$6,060,170

Substantial Amendment to Action Plan

2009 Stakeholders Meeting and Training Schedule

NSP General Overview Training 08/31/09

PowerPoint Slideshow (in pdf format)
Module 1
Module 2
Module 3
Land Banking
Multi-Family Rental
Single Family Owner Occupied Activities

NSP Day in the Life Training 09/14/09

PowerPoint Slideshow (in pdf format)
NSP Terminology
"Categorically Excluded' Environmental Checklist
Instructions for Completing Environmental Checklist
Environmental Checklist
Multi-family Closing Checklist
NSP Admin Reimbursement Form
NSP Monthly Financial Report and Instructions
NSP Pay Request
NSP Release of Funds and Pay Request Timelines
NSP Release of Funds - Landscape
NSP Single-Family Tracking form
NSP Request for Appraisal
Wiring Instructions for NSP Appraisal

NSP Identifying Properties Training 10/21/09

Single Family Policy and Procedures
Neighborhood Development Collaborative Rehab Standards
FNMA Guide for Public Entity and Non- Profit Buyers
FNMA REO & Neighborhood Stabilization Overview
HUD Property Flipping Prohibition Amendment (06-14ML)
HUD Tenant Protections Guidance
Funding Partners Local Jurisdiction MOU
NCST Acquisition Guidelines
NCST Property Acquisition Planning form
NSP ACQUISITION OF FORECLOSED PROPERTY - No eminent domain auth.
NSP ACQUISITION OF FORECLOSED PROPERTY - With eminent domain auth.

Links

The Neighborhood Stabilization Program Final Rules from Federal Register

NSP 1 Bridge Notice

HUD NSP1 Q&A – regularly updated

DOLA CDBG Guidebook

White House Office of Management and Budget (OMB) Circulars Main Page

HUD's Neighborhood Stabilization Program Web Page

HUD NSP Targeting

National Community Stabilization Trust

FannieMae’s HomePath

Funding Partners for Housing Solutions

 

Progress Reports

July/Quarterly Progress Report

June 2009 Progress Report

May 2009 Progress Report

April 2009 Progress Report