NSP-2

As part of the American Recovery and Reinvestment Act (ARRA) of 2009, Congress allocated $2 billion to the Neighborhood Stabilization Program (NSP) 2.  The U.S. Department of Housing and Urban Development awarded the State of Ohio a $25.4 million NSP2 grant.  Ohio is the only state in the nation receiving direct funding.  With the assistance of seven nonprofit organizations, the Ohio Department of Development's Office of Housing and Community Partnerships will administer the program.  Ohio Regional Development Corporation (ORDC) is one of those seven nonprofits to partner with the State of Ohio.  ORDC has been allocated almost $2.9 million to be spent in seven counties: Belmont, Coshocton, Crawford, Guernsey, Morgan, Morrow and Muskingum Counties.  While there is not a direct allocation of fund for each county, Ohio Regional Development Corporation will strive to provide funding to eligible projects in county on a first-come, first-serve basis.  It is our desire to do many projects in all seven counties.

 

These funds are to be used to address vacant and abandoned properties and stimulate revitalization in small cities and rural areas throughout Ohio. The focus is to see foreclosed upon and abandoned homes put back into productive use and help stabilize neighborhoods.  NSP2 funds can assist in creating new permanent housing and can also be used to assist in providing a down-payment and rehabilitation to an existing dwelling. In every case a vacant and/or abandoned property is purchased, and the final outcome is homeownership or rental by an income eligible household. Each household benefiting from homeownership through this activity will be required to attend eight hours of homebuyer education from a HUD approved housing counseling agency.

 

The program offers great opportunity for both residents of the Communities, and to the economic infrastructure by salvaging some homes in foreclosure, renewing them and assisting potential homebuyers to acquire a home brought up to today's standards of living.

 

NSP2  FORMS:

Pre-Application

 

MAPS:

NSP2 Census Tracts

Ohio Census Tract Map

Coshocton

Crawford

Guernsey

Morgan

Morrow

Muskingum