Self-Help and the Neighborhood Stabilization Program (NSP)
In 2010, the Center for Community Self-Help was awarded $11.76 million in Neighborhood Stabilization Program 2 funds to help provide stability to distressed areas across the country. Since then, Self-Help has combined these funds with our own capital to provide acquisition, rehab, construction and permanent financing for more than 300 units of NSP-eligible housing.
As per our application, the deployment of this financing has been focused on the following designated markets: New Haven, CT; Atlanta, GA; Chicago, IL; Los Angeles, CA; targeted communities in California's Northern Central Valley; and targeted communities in California's Bay Area. We have also been able to add other needy communities to our targeted geography by amendment. These additional geographies include areas in Pittsburgh, PA; Aurora and Evanston, IL; and Durham, NC.