NSP 3 Substantial Amendment

Substantial Amendment to Action Plan for Neighborhood Stabilization Program III

The State of Colorado’s Neighborhood Stabilization Program III (NSP3) Action Plan was approved by the U.S. Department of Housing and Urban Development (HUD) and the grant agreement was executed March 11, 2011, making funds available for expenditure through March 11, 2014. A Substantial Amendment to the Action Plan was submitted to HUD on June 30, 2011, following a 15-day public comment period. The Plan is required under the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) in order to receive $6,518,947 in Federal funds from the program. A Continuation of Intergovernmental Joint Cooperation Agreement has been executed to combine into one grant the following entitlements, to be administered by the State of Colorado:

State of Colorado: $5,098,309
City of Colorado Springs: $1,420,638

A public hearing was held by the Colorado Department of Local Affairs for the Action Plan on Friday, June 24, 2011 in Denver, 1313 Sherman St., Room 518 (Mountainside Conference Room) at 9:00 a.m. The plan and appendices are available below, including comments received from the public.

Public Notice

La Noticia Pública para NSP3 Plan Substancial de Enmienda/Acción en Español

Substantial Amendment to the NSP3 Action Plan

La Enmienda Substancial al Plan de la Acción NSP3

Appendix 1: Continuation of Intergovernmental Joint Cooperation Agreement between the State of Colorado and the City of Colorado Springs


Intergovernmental Joint Cooperation Agreement between the State of Colorado and the City of Colorado Springs (NSP1)


Appendix 2: HUD NSP3 Data for Colorado    (Tier 1)

Data Dictionary for HUD NSP3 Data

HUD NSP3 Mapping Tool



Appendix 3: State of Colorado Data: 2010 Year End Housing Snapshot

Appendix 4: State of Colorado Data: Spread of Foreclosure in Colorado

Appendix 5: State of Colorado Data: Housing Mismatch and Rent Burden

Appendix 6: State of Colorado, Denver Metro Area Data: Rising Rents

Appendix 7: State of Colorado Data: Tightening Rental Market

Appendix 8: State of Colorado Data: Rental Housing Development Shortage

Appendix 9: State of Colorado Data: Rental Trends for Lowest-Income Households

Appendix 10: State of Colorado NSP3 Application Criteria Checklist

State of Colorado, Division of Housing Grants and Loans Application

 

Appendix 11: NSP3 Entitlement Communities:

Adams County

City of Aurora

City of Colorado Springs

City of Denver

City of Greeley

City of Pueblo

Weld County



Appendix 12: NSP3 Areas of Greatest Need Maps for State of Colorado and City of Colorado Springs (page 1)
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Appendix 13: NSP3 Areas of Greatest Need Planning Data for State of Colorado and City of Colorado Springs (page 6)