Neighborhood Stabilization Program

Flagler County was identified for grant funding under the Neighborhood Stabilization Program 3 (NSP3) authorized by the Wall Street reform and Consumer Protection Act of 2010, also known as the Dodd-Frank Act. It subsequently submitted an Abbreviated Action Plan to the U.S. Department of Housing and Urban Development to secure $1.03 million in grant funding.

The County used its funds in State Strategy 1 for the acquisition and rehabilitation of eligible foreclosed properties to rent to qualified households.  Per the State requirements, 25% of the funds were set aside to purchase properties and rent them to households whose incomes do not exceed 50% of the area median income (AMI). The remaining funds, less Program Administration costs, were used to purchase properties for rental units to households whose incomes are between 51 and 120% of the AMI. 

Scroll down for NSP Associated Documentation.

The application period has closed and Flagler County is in the process of closing out the grant.

Doc app

Document Center

The Document Center provides easy access to public documents. Click on one of the categories below to see related documents or use the search function.

Search for file type:
Categories always sorted by seq (sub-categories sorted within each category)
Documents sorted by SEQ in Ascending Order within category
Please click on one of the categories below to see uploaded documents.
NSP Associated Documentation 18 documents
CAT:1760
Download File
document seq 0.00
file:1761
Download File
document seq 0.00
file:1762
Download File
document seq 0.00
file:1763
Download File
document seq 0.00
file:1764
Download File
document seq 0.00
file:1765
Download File
document seq 0.00
file:1766
Download File
document seq 0.00
file:1767
Download File
document seq 0.00
file:1768
Download File
document seq 0.00
file:1769
Download File
document seq 0.00
file:1770
Download File
document seq 0.00
file:1771
Download File
document seq 0.00
file:1772
Download File
document seq 0.00
file:1773
Download File
document seq 0.00
file:1774
Download File
document seq 0.00
file:1775
Download File
document seq 0.00
file:1776
Download File
document seq 0.00
file:1777
Download File
document seq 0.00
file:1778