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Public Notice of Substantial Amendment to Neighborhood Stabilization Program 2 (NSP2)

Friday, September 9, 2011
The Substantial Amendment addresses how the District will manage the second round of Neighborhood Stabilization Program funding from the U.S. Department of Housing and Urban Development.

(Washington, DC) - The D.C. Department of Housing and Community Development (DHCD or the Department) has developed a Substantial Amendment to the Neighborhood Stabilization Program 2 (NSP2) application submitted by the Department. The Substantial Amendment addresses how the District will manage the second round of Neighborhood Stabilization Program (“NSP2”) funding from the U.S. Department of Housing and Urban Development (“HUD”). The amount of the NSP2 funding is $9,550,562. In preparation for the submission of the Substantial Amendment to the FY2011 Action Plan to HUD, DHCD is soliciting public comment on the District’s proposed use to NSP2 funds to meet the District’s foreclosure, abandon and vacancy needs. 

This public notice serves as a request for public comment on the substantial amendment. There is one proposed change to the original application. It involves adding one census tract to the target geography proposed in our original application. DHCD believe this amendment will allow our NSP2 program to operate more effectively and move forward more quickly to meet our goals. In addition, DHCD feel that the requested change is consistent with our application and do not alter the rating factors used in making the original award. Please see the attached Exhibits which outline the rating factors for this requested amendment.

The substantial amendment for the NSP2 funds will be available on the Department website as of September 9, 2011, at www.dhcd.dc.gov and for public review at DHCD, located at 1800 Martin Luther King Jr. Avenue, Monday-Friday, 8:15 a.m.-4:45 p.m. The public review period ends on Friday, September 23, 2011. Written comments may be mailed to the above address. If you have questions or prefer to provide comments by telephone, please call 202- 442-7200 during the public review period.

NSP2 Substantial Amendment 9-9-11