Neighborhood Stabilization Program and HUD $$

Public Hearing Notice

Neighborhood Stabilization Program (NSP)


The State of Vermont Agency of Commerce and Community Development, Department of Housing and Community Affairs is seeking public comment prior to submission to HUD on the substantial amendment to the Consolidated Plan that governs the use of Community Development Block Grant (CDBG) Program, the Home Investment Partnerships Program (HOME), the Emergency Shelter Grant Program (ESG), and other HUD programs.

The substantial amendment is to manage the new Neighborhood Stabilization Program (NSP) in the amount of $19.6 million as authorized by the recently enacted Housing and Economic Recovery Act of 2008. The NSP is to assist states and local governments in addressing the effects of abandoned and foreclosed residential properties through eligible activities.
Please go to www.hud.gov/offices/cpd/communitydevelopment/programs/neighborhoodspg/nspnotice.pdf for more information on the Act.

The Draft NSP application to HUD and amendment to the Consolidated Plan will be available on the Department website as of November 10, 2008 at www.dhca.state.vt.us/vcdp, or at the Agency offices at One National Life Drive, North Lobby, Sixth Floor; Montpelier, Vermont. Written comments will be accepted through November 25, 2008 and should be sent via e-mail to Cathy.Scott@state.vt.us. Only if unable to e-mail send comments addressed to Agency of Commerce and Community Development; 1 National Life Drive; Montpelier, VT 05620-0501.

The public hearing will be held on November 12, 2008 at 5:00pm – 6:30pm at the Pavilion Auditorium, 109 State Street; Montpelier, Vermont. The meeting room is fully accessible. Accommodations for persons with disabilities will be made upon request. Interpreters to meet the needs of non-english speaking persons will be made upon request. Requests should be made to Cathy Scott at (802) 828-5221. TTY#1-800-253-0191.