HUD has announced its second round of NSP funding.  Unlike the first NSP funding round where HUD funds were allocated based on a CDBG formula, this round will be a national competition.  Applicants have 150 days from May 3, 2009 to submit their proposals.  Eligible activities include those that address home foreclosure and abandonment, capacity [...]

MSHDA has posted its NSP Application form and Guidelines on its website.  Applications are April 23rd.  Go to http://michigan.gov/mshda/0,1607,7-141–202883–,00.html to download this material.

MSHDA is holding several training sessions throughout the state to educate local units of government, non-profits organizations, for profit developers, and consultants on how MSHDA’s NSP program will work.  It was learned that a large portion of the $98 Million of federal aid will be used for a multi-family lending program that is still under [...]