U.S. Department of Housing & Urban Development Neighborhood Stabilization Program 2
The Tampa Housing Authority (THA) in conjunction with the City of Tampa and Banc of America Community Development Corporation applied for $38,000,000 in federal funding targeting an 11 census tract geographical area (tracts 30-36; 38-41) for the following activities:
- Redevelopment of vacant land (the former Central Park Village Public Housing property) and other vacant properties in the target geography (approx. $28,000,000 for public improvements) to support the development of housing for individuals and families with household incomes not to exceed 120 percent of area median income; and,
- Acquisition of foreclosed residential property, land-banking, and expanding the City of Tampa’s down payment assistance and soft second home loan program to assist individuals and families with incomes up to 120 percent of Area Median Income acquire and/or renovate existing and new homes in the target area ($10,000,000).
No less than 25 percent of the funds will be used for purchase and redevelopment of abandoned and foreclosed-upon homes and residential properties to house individuals and families whose incomes do not exceed 50 percent of area median income.
:: All US HUD awarded NSP2 grants ( PDF File, Source www.HUD.gov)
:: Tampa Central Park NSP2 Application ( PDF File 12 MB)
The NSP2 application submission deadline is July 17, 2009. Immediately after submission the application, complete with public comments, final uses of funds and target geography, will be available via the web at www.thafl.com/NSP2-Application/