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What is the Neighborhood Stabilization Program?
The Neighborhood Stabilization Program (NSP) was created by the Housing and Economic Recovery Act of 2008 to respond to rising residential foreclosures and property abandonment. The main purpose of the NSP is to stabilize neighborhoods negatively impacted by foreclosures. Orange County will use NSP funds to acquire, renovate, and sell of foreclosed homes at affordable prices to eligible families.
NSP Presentation - Mitchell Glasser (PowerPoint Show 2MB)
1st Quarter NSP Report (PDF 30KB)
2nd Quarter NSP Report (PDF 31KB)
NSP 2 Public Notice (PDF 168KB)
Neighborhood Stabilization Program 2 Application (PDF 5.8MB)
NSP Substantial Amendment To the 2008-09 Action Plan(1.9MB PDF)
List of General and Trade Contractors Who Have Qualified for the Neighborhood Stabilization Program (PDF 44KB)
TARGET AREA MAPS REQUEST FOR QUOTE RESULTS
Azalea Park(PDF 249KB) 1124 Tyler Lake Cr (PDF 62KB)
Meadow Woods (PDF 158KB) 12825 Illinois Woods Lane (PDF 55KB)
Oak Ridge / Holden Heights (PDF 214KB) 14867 Huntcliff Park Way (PDF 53KB)
Pine Hills (PDF 222KB) 2149 Sand Arbor Circle (PDF 51KB)
Union Park (PDF 82KB) 1700 Meadow Pond Way (PDF 50KB)
Homebuyers can choose one of the following options to purchase foreclosed homes under NSP
OPTION A Buy foreclosed homes that have been purchased by the County and completely renovated. These homes will be equipped with energy star appliances. Downpayment assistance of up to $35,000 will be available based on eligibility.
OPTION B Purchase foreclosed homes in NSP areas with your realtor and qualify for NSP downpayment assistance. Downpayment assistance of up to $35,000 will be available based on eligibility.
The following forms are for Prospective Home Buyers interested in purchasing a home utilizing the Neighborhood Stabilization Program :
Intake Form (PDF 49KB)
Application Cover Letter (PDF 35KB)
Application For Housing Assistance (PDF 41KB)
Asset Addendum To Application Form (PDF 18KB)
Authorization Release Form (PDF 19KB)
For additional information call (407)836-5171 or (407)836-5189 |