The Challenge of Foreclosed Properties: An Analysis of State and Local Plans to Use the Neighborhood Stabilization Program
Published 2009
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Under the Neighborhood Stabilization Program, 306 state and local governments provided action plans detailing how they would use their funds to confront the foreclosure crisis and stabilize communities. This report summarizes those plans and highlights promising approaches. It is based on a review and analysis of 87 of the NSP action plans, including 22 states, 24 counties and 41 cities, which together comprise 58 percent of the total NSP national allocation.