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Neighborhood Stabilization Program
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NSP Amended Action Plan - July 14, 2010
Amended Action Plan Notice
NSP Amended Action Plan

Program Update

The City’s NSP1 funds received directly from HUD in the amount of $5,431,777 and from the North Carolina
Department of Commerce in the amount of $2,625,000.  All of these funds have been 100% obligated.
75% of NSP 1 HUD funds and 61% of NSP I from the North Carolina Department of Commerce have been used on NSP eligible projects as listed on action plan. The balance of NSP I funds is on target and on schedule to be used for NSP eligible projects by September 13, 2013.