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| Neighborhood Stabilization Program
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Public Comment Period
Neighborhood Stabilization Program (NSP1) of the Housing and
Economic Recovery Act of 2008
2nd Substantial Amendment to the Fiscal Year 2008 CDBG One-Year
Action Plan
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To further accommodate changes in the housing market, expand opportunities to meet the needs communities within the NSP1 requirements and adjust the allocation funds
in light of current commitments and obligations, the City of Baton Rouge, Office of Community Development
is proposing to make additional adjustments to the amended NSP1 Substantial Amendment.
In accordance with NSP requirements, OCD has posted draft changes to the Substantial Amendment in order to provide opportunity for public comment. The proposed Amended Plan for the Neighborhood Stabilization Program is available on
OCD’s website, at Plans and Reports
Interested parties should feel free to submit comments through June 16, 2010, in writing or via email, directly to OCD. Comments may be directed to: Charles P. Boyles, II, Urban Development Director, OCD, PO Box 1471 Baton Rouge, LA 70821-1471;
cboyles@brgov.com
Proposed Changes
With a better understanding of the NSP program and the needs of the citizens within the target areas identified in the City’s 2008 NSP Substantial Amendment, the allocations will be redistributed to better meet the needs of the targeted areas of the City and fund projects in the appropriate categories. All activities will take place in the original high priority target areas identified in the November 2008 NSP program (Attachment A). There is a much greater need for more affordable housing in these targeted areas than for assistance under Homebuyer Loans. Many programs are currently available to assist prospective homebuyers with the purchase of a home. In addition, Home Counseling is being provided to homebuyers at
no cost to the program. The revised allocations are as follows:
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Activities |
Original Budget |
Proposed
Budget |
| Activity G.1: Rental Housing Eligible Uses: (A) and/or (B) and/or (E)
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$625,000 |
$564,963 |
| Activity
G.2: Owner-Occupied Single Family Housing
Eligible Uses: (A) and/or (B) and/or (E)
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$750,000 |
$910,000 |
| Activity G.3: Housing Counseling Eligible Uses: (A) and/or (B) and/or (E)
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$3,000 |
0 |
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Activity G.4: Homebuyer Loans
Eligible Use: (A) |
$200,000 |
0 |
| Activity G.5: Clearance, Demolition and Land Bank
Eligible Uses: (C) and (D) |
$500,000 |
$603,000 |
| Administration |
$230,848 |
$230,885 |
| Total Grant |
$2,308,848 |
$2,308,848 |
In summary, the only change being made to the original approved NSP Substantial Amendment is
the deletion of the activities, Homebuyer Loans and Housing Counseling.
Housing Counseling is being provided by a HUD certified Housing Counseling Agency
at no cost to the program. The budgets of the approved activities have been
increased to the above referenced amounts. No other changes are being made to the
approved Substantial Amendment. Target Area remains the same as originally approved.
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