City of Miami - Community Development

On July 30, 2008, the Housing and Economic Recovery Act of 2008 was signed into law to address the nation’s severe housing crisis. Title III of the Act appropriates $3.92 billion of grant funds under the Neighborhood Stabilization Program (NSP) for states and local governments to purchase and redevelop abandoned or foreclosed properties.

The Housing and Economic Recovery Act of 2008 directed the United States Department of Housing and Urban Development (HUD) to target funding to areas with the greatest needs based on the extent of foreclosures, subprime mortgages, and mortgage delinquencies and defaults. As part of the NSP allocations made to governments throughout the State of Florida, the City of Miami was awarded approximately $12.06 million. All grantees were required to file a Substantial Amendment to the Action Plan with HUD indicating how they planned to use their NSP funding to stabilize their community’s hardest hit neighborhoods, based on the guidelines established for the program. To see the final Substantial Amendment filed by the City, please click here.

All activities funded by NSP must benefit low- and moderate-income persons whose income does not exceed 120% of area median income. Please click here, to see a breakdown of 120% area median income for the City of Miami, based on the household size.

To see the City’s approved implementation plan for the NSP program including allowable uses of NSP funds, please click here.

For questions concerning the NSP Miami Program please call 305-416-2599. or email us at:

NSP Multi-Family - NSPmultifamily@miamigov.com

NSP Single Family - NSPsinglefamily@miamigov.com

NSP 1 Quarterly Reports

March 2009 - June 2009 Quarter 1 (PDF)

NSP Task Force Meeting Notice

Friday, October 23, 2009 9:00 am - 12:00 pm

City of Miami

444 S.W. 2^nd Avenue

2nd floor conference room

RSVP-Ann Kashmer at 305.416.2097

or email: akashmer@miamigov.com

The meeting site is accessible to the handicapped. Requests for special accommodations may be directed to the Department of Community Development at 305-416-2080 no less than three (3) business days prior to the meeting dates.

Pre-RFP Developers Meeting Q & A

Single Family NSP Information

NSP Pre-RFP Developers meeting of April 16, 2009
Maximizing the impact of the NSP
S. Fla. Housing Market Current Conditions and Forecast
Building Stable Communities: A NSP Workshop