Official Web Site of
Anoka County,
Minnesota

Community Development Home Page

Homebuyers

Neighborhood Stabilization Program

In an effort to assist neighborhoods hard hit by the foreclosure crisis, the federal government launched the Neighborhood Stabilization Program (NSP) which provided funds to Anoka County.

Anoka County will use federal NSP funds to address foreclosures and create permanent housing opportunities.  NSP requirements include household income guidelines and identified areas of “greatest need.” Those areas have been outlined within the NSP Final Substantial Amendment (PDF, 23MB). Within the outlined areas of greatest need, Anoka County will use NSP funds to address housing that has been foreclosed upon and is now vacant or abandoned. Bringing housing units into compliance with health and safety requirements and addressing rehabilitation needs will be key components to stabilizing neighborhoods.

Anoka County will address the problem of foreclosed and vacant properties by spending NSP funds as follows:

  1.  Purchase a property - if the home and garage are beyond repair, demolish it - sell vacant land for redevelopment;
  2.  Purchase a property - remodel the home to meet health and safety codes - sell property to income-qualified family.  As part of the sale of these properties, qualified buyers have the opportunity to use affordability assistance.

 

Anoka County NSP Performance Reports are available for review upon request or by downloading them from below.  Additional reports will be posted as they are generated.

NSP 1

NSP 3

 

For information specific to Anoka County’s Neighborhood Stabilization Program and/or the federal requirements that apply contact Kate Thunstrom, Community Development Manager, at 763-323-5714 or kate.thunstrom@co.anoka.mn.us

Information is also available on HUD's Web site

 

 

 

Privacy Policy & Disclaimer   |   HIPAA Notice of Privacy Practices   |   Feedback   |   Top of Page  |  Home
 
This page was last updated on 10/29/2013 3:10:51 PM
This page is on the official Web site of Anoka County Government.
Copyright © Anoka County, Minnesota.
2100 3rd Ave, Anoka, MN  55303
763-421-4760 (switchboard), 763-323-5289 (TTY)
To contact Anoka County Government by phone, see this directory. Contact information is also provided in each program description. For questions about this Web site, use Feedback to contact the Webmaster.
This page was printed from the official Web site of Anoka County Government.
Copyright © Anoka County, 2100 3rd Ave, Anoka, MN  55303
763-421-4760 (switchboard), 763-323-5289 (TTY)