Projects In Progress

• ARRA Adult Employment and Training
• ARRA Immunization Grant
• Camden Bridge Rehabilitation Project
• CDBG HandyWorks
• CDBG-R Housing Services Staff
• Chicago Avenue Fire Arts Center (CAFAC)
• Community Putting Prevention to Work
• Economic Recovery Act 2009 Youth Project
• EECBG Residential Energy Efficiency Revolving Loan Program
• FastTRAC
• Homelessness Prevention and Rapid Re-Housing
• Lead Hazard Control
• MN Careers
• Multifamily Energy Efficiency Loan Fund
• NSP2 - Neighborhood Stabilization Program
• Renewable Energy Network Empowering Workers in Minneapolis and St. Paul (RENEW)
• Van White Memorial Blvd. Bridge & Roadway Const.
• WIA Dislocated ARRA
• Winterization of Condemned Houses

Not Funded

• An Engaged Community, Minneapolis Public Housing
• Broadband for Minneapolis Public Housing
• Minneapolis & St. Paul "Energy Savings Made Easy" (ESME) Program

Related Links

• Minneapolis Health and Family Support
• Minneapolis Neighborhood and Community Relations
• Hennepin County Human Services
• Minnesota Department of Health
• Department of Health and Human Services

Contact Us

NSP2 - Neighborhood Stabilization Program

Dollars Awarded

$19,455,156

Project Status

Less than 50% completed

Project Description

An application by a Consortium of the City of Minneapolis (Lead), City of Brooklyn Park, and Hennepin County for NSP2 funds under the American Recovery and Reinvistment Act , 2009. The total NSP2 application was for approximately $48 million and will impact approximately 875-1,075 units. This includes approximately $38 million for Minneapolis, $6 million for Brooklyn Park and $4 million for Hennepin County. In Minneapolis, Brooklyn Park and Hennepin County neighborhoods hardest hit by foreclosures, NSP2 resources would provide for: Down Payment and Closing Cost Assistance - 385 homebuyers, Purchase and Rehabilitation - 365 units, Acquisition and Land Banking - 308 properties, and Redevelopment - 17 units. The Award has been made and is for $19,455,156.

Funding Program

Neighborhood Stabilization Program

Responsibility for Implementation

Community Planning and Economic Development

Funding Agency

U.S. Department of Housing and Urban Development

Dollars Leveraged

$37,450,000

Dollars Leveraged Description

• The Family Housing Fund will provide $17,950,000 for acquisition of foreclosed and abandoned property under NSP2. • The Twin Cities Community Land Bank has allocated $9,500,000 for land banking activities ($4,500,000 million from the National Community Stabilization Trust and $5,000,000 from the Community Reinvestment Fund). • Greater Metropolitan Housing Corporation will contribute $10,000,000 in the form of a revolving line of credit for acquisition and construction costs.

Dollars Requested

$48,180,000

Projected Jobs Created

Data not yet available.

Award Type

Grant

Sub-recipient Names

Hennepin County
Brooklyn Park, City of

Vendor Names

No vendors have been contracted to date.

Recovery Funds Spent to Date

$0