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 Neighborhood Stabilization
 
Overview

The Neighborhood Stabilization Program provides emergency assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities.

The Georgia Department of Community Affairs (DCA) has announced that the City of Carrollton will receive $2.6 million to fund the program. Carrollton and Carroll County as a whole ranks as a Georgia County with a large number of foreclosed homes, subprime mortgages and delinquent mortgages, according to figures complied by Housing and Urban Development (HUD). The City has set as its goal to purchase, rehabilitate and sell over 25-35 homes over the next year and a half....

Please click the picture below to see all of the available NSP homes.


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The Process

The City of Carrollton has established the Neighborhood Stabilization Program (CNSP) to help stabilize neighborhoods where home values and conditions are deteriorating due to a large number of foreclosed homes, and to provide affordable housing to low, moderate and middle income homebuyers. To address the problems, the City acting through the CNSP, will purchase foreclosed properties in targeted areas, and sell the properties to qualifying homebuyers....


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Bids and Proposals

CURRENT

Bid Title: Carrollton Neighborhood Stabilization Program--Environmental Service Providers. Click here for complete details.
Closing Date: Fri, Jul 31st, 2009 12:00:00 am

CLOSED

***THE ITEMS BELOW ARE CLOSED FOR BID AS OF MAY 29th, 2009***

1. Request for Proposals Legal Services

2. Request for Qualifications Residential Contractors

3. Request for Qualifications Appraisers


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Prospective Home Buyers

HOMEBUYERS - Low, moderate, and middle homebuyers will be eligible to purchase the NSP homes. To qualify as a homebuyer, the gross income of all persons living in the household may not exceed the limits presented in the table below....


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Properties for Sale

The Carrollton-Carroll County NSP is in the process of evaluating eligible homes for purchase.  Once purchased, details will be provided within this section.


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Important Website Links

United States Department of Housing and Urban Development

Neighborhood Stabilization Program Data

Georgia Department of Community Affairs

Neighborworks America

 

 

 


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