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Affordable Housing Department - Neighborhood Stabilization Program
 

Paula Harvey, Director
Mike Merrill, Affordable Housing Officer
Affordable Housing Department,
1208 Tech Blvd., Suite 300
Tampa, FL 33619
Telephone: (813) 612-5397
Fax: (813) 635-8134

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On July 30, 2008, the Housing and Economic Recovery Act of 2008 was signed into law in order to address the foreclosure crisis. Title III of the Act appropriates $3.92 billion of grant funds under the Neighborhood Stabilization Program to purchase and redevelop abandoned or foreclosed properties. The Neighborhood Stabilization Program is regulated under the rules of the federal Community Development Block Grant Program. The Act requires the jurisdictions to target funding to areas in the community with: 1) the greatest percentage of home foreclosures; 2) areas with the highest percentage of subprime mortgages; and 3) areas that are at risk for foreclosures. Hillsborough County has been identified to receive $19.1 million dollars to invest in the target areas after approval of the NSP Plan. The document was submitted for approval to the Hillsborough County Board of County Commissioners on November 6, 2008. The Plan was forwarded to the U.S. Department of Housing and Urban Development (HUD) by the December 1, 2008 deadline and was subsequently approved by HUD on December 29, 2008.

The Plan includes defining target areas and activities the Affordable Housing Department plan to undertake to arrest the decline in these neighborhoods. The initial target areas include the USF area, Orient Park area, and a combination of the Clair Mel/ Palm River/ Progress Village area. Secondary areas include Town 'n Country, Gibsonton and part of Plant City.  Additional target areas throughout the county were identified and approved in August of 2010.  See Target Area map below.

The activities funded by the Program include:

  • financing mechanisms to purchase and redevelop abandoned and foreclosed properties with soft-second loans, loan loss reserves, and shared-equity loans;
  • purchase and rehabilitate abandoned and foreclosed homes to re-sell, rent, or redevelop;
  • establish land banks of foreclosed properties;
  • demolish blighted structures; and
  • redevelopment of demolished or vacant properties.

Hillsborough County obligated the funds for the Program by the September deadline.  In order to provide the due diligence required for the federal program and expedite the process the County selected businesses and organizations through formal bid processes to serve in several partnership roles. The types of businesses that have been selected include:

  • housing partner organizations that will help identify buyers that will own or rent the rehabilitated housing,
  • title services
  • appraisal services
  • review appraisers services
  • property rehabilitation contractors
  • environmental lead paint inspection consultants
  • Davis Bacon Compliance Act consultant

If you have any question about the program, please contact Lanette E. Glass at 813-274-6672.


Housing Partners Contact Information

CORPORATION TO DEVELOP COMMUNITIES OF TAMPA, INC.
2631 E. Lake Avenue, Tampa, Florida 33610
Website: www.cdcoftampa.org
Contact: Sheryl Jackson, Construction Manager
Email
Phone: (813) 231-4362, ext 306

EAST TAMPA BUSINESS AND CIVIC ASSOCIATION
PO Box 11688, Tampa, Florida 33680
Contact: Diane Hart, Chief Executive Officer
Email
Phone: (813) 748-0952
Fax: (813) 248-3978

FLORIDA HOME PARTNERSHIP, INC.
P.O. Box 760
Ruskin, Florida 33575
Website: www.flhome.org
Contact: Nancy Griffin, Community Development Manager
Email
Phone: (813) 672-7860
Fax: (813) 672-1101

 

PLANT CITY COMMUNITY DEVELOPMENT CORPORATION, INC.
713 Alsobrook Street, Plant City, Florida 33563
Website: www.plantcitycdc.org
Contact: Blanca Rodriguez, Development Manager
Email
Phone: (813) 659-3100
Fax: (813) 659-3122

TAMPA HOUSING AUTHORITY
1529 West Main Street, Tampa, Florida 33607
Website: www.thafl.com
Contact: Debbie Joice, Manager of Budget and Compliance
Email
Phone: (813) 253-0551 ext. 364
Fax: (813) 367-0784

UNIVERSITY AREA COMMUNITY DEVELOPMENT CORPORATION, INC.
10413 N 22nd Street, Tampa, Florida 33613
Website: www.uacdconline.org
Contact: Mike Morina, Community Development Director
Email
Phone: (813) 215-6880
Fax: (813) 558-5219

 

NSP Regulations:

 

NSP Plan and Amendments:

The 08/04/2010 NSP Substantial Amendment of the FY 2008-2009 Action Plan was approved to include the following:

  • Creating a financing mechanism that will allow NSP funds to be utilized for homebuyer financing of NSP-acquired properties;
  • Initiating activities in the secondary target areas immediately;
  • and Allowing for the acquisition of abandoned and vacant properties, in addition to foreclosed properties.


Read the Action Plan Amendment



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