The NSP 1 Substantial Amendment to the Neighborhood Stabilization Program (NSP1) Action Plan was approved by HUD, after a 15 day public comment period, on February 22, 2010. The approved plan, with comments, is linked below.
Please note, several substantial amendments have been made, and all text/chart changes can be identified by color as follows:
Original NSP Action Plan: Black
June 2009 Substantial Amendment: Red
October 2009 Substantial Amendment: Violet
February 2010 Substantial Amendment: Green
The Division of Housing has established the need for continued NSP efforts in the single family market in Colorado based on foreclosure reports, housing prices and sales numbers. To validate what the State is hearing regarding the need in the multi-family market, we ask our partners and localities to estimate the potential multi-family foreclosures for possible NSP assistance (multi-family and abandoned/vacant land) in your communities, and share this information with the Division of Housing. This information will be used to make necessary amendments to the NSP Action Plan regarding strategy and budgeting priorities.
REVISED Substantial Amendment For NSP 1
As amended and approved by HUD February 22, 2010
Appendix 2: Methodology for Determining Funding Allocation
Appendix 3: Criteria and Data
Appendix 4: Definitions of Factors for Scoring
Appendix 5: Census Blocks with Risk Scores 7-10
Pueblo High Foreclosure Census Block Groups (from PolicyMap.com)(csv)
Pueblo High Foreclosure Map (from PolicyMap.com) pdf
Appendix 6: Intent to Apply spreadsheet
Appendix 7: 18-Month Foreclosure Statistics
Appendix 10: Letter from Greeley/Weld Grantee
Appendix 11: NSP Eligible Uses By Property Type
LINKS TO RELATED SUBSTANTIAL AMENDMENTS
OTHER RELATED DOCUMENTS
Foreclosure Data By County - Compares HUD estimates of foreclosures to data gathered from Colorado Public Trustees for the same time period.