The Texas Department of Housing and Community Affairs (TDHCA) audit committee meets next week, and their meeting packet is up…
Tag: Neighborhood Stabilization Program
Texas NSP Program Audit
The Internal Auditing Division of the Texas Department of Community Affairs released a report last week on TDHCA’s Neighborhood Stabilization…
More NSP News
HUD yesterday announced the third round of funding for the Neighborhood Stabilization Program (NSP) Funding. Texas Grantees received $18 Million:…
They went the distance
Last Friday TDHCA posted a supplement to its materials for its board meeting this Thursday. The supplement indicates that TDHCA…
NSP1-A Deadline Looms
Last week HUD announced the details of their enforcement of the 18-month deadline for obligation of the first round of…
HUD “First Look” program asks buyers to overlook PTAF
Earlier this month HUD announced a “first look” initiative which would give participants in HUD’s Neighborhood Stabilization Program (NSP) preference…
Texas failing to spend federal funds for foreclosure-impacted communities
New report finds that millions are at risk of being returned to the federal government Austin, TX – Texas may…
Administration proposes changes to Neighborhood Stabilization Program, including additional funding
In a press release Tuesday the Obama administration discussed plans to reallocate funds from the first round of the Neighborhood…
Don’t Allow Lenders to Ignore the Protecting Tenants at Foreclosure Act in the Neighborhood Stabilization Program
Background Since May 2009 the Protecting Tenants at Foreclosure Act (PTAF) has required purchasers of foreclosed properties (usually the lender)…
The struggle begins to successfully design a TX Neighborhood Stabilization Program
I have previously expressed concerns about how the new Neighborhood Stabilization Program (NSP) can be successfully implemented. I attended a…