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CDBG Information Page
HUD Unveils Neighborhood Stabilization Program Formula Allocations
HUD has posted formula allocations for $3.9 billion in emergency Community Development Block Grant neighborhood stabilization funding provided under the Housing and Economic Recovery Act of 2008 (HERA).
To view state-by-state allocations for the Neighborhood Stabilization Program, visit http://www.hud.gov/offices/cpd/communitydevelopment/programs/neighborhoodspg/.
State |
Community |
NSP Allocation |
Local Foreclosure Rate |
Local Abandonment Risk |
Statewide Foreclosure Rate |
Statewide Abandonment Risk |
AZ |
ARIZONA STATE PROGRAM |
$38,370,206 |
5.0% |
Low |
5.6% |
Medium |
AZ |
AVONDALE CITY |
$2,466,039 |
7.2% |
Medium |
5.6% |
Medium |
AZ |
CHANDLER |
$2,415,100 |
4.2% |
Low |
5.6% |
Medium |
AZ |
GLENDALE |
$6,184,112 |
7.0% |
High |
5.6% |
Medium |
AZ |
MARICOPA COUNTY |
$9,974,267 |
5.4% |
Low |
5.6% |
Medium |
AZ |
MESA |
$9,659,665 |
5.8% |
Medium |
5.6% |
Medium |
AZ |
PHOENIX |
$39,478,096 |
7.1% |
High |
5.6% |
Medium |
AZ |
PIMA COUNTY |
$3,086,867 |
3.5% |
Medium |
5.6% |
Medium |
AZ |
SURPRISE TOWN |
$2,197,786 |
6.0% |
Low |
5.6% |
Medium |
AZ |
TUCSON |
$7,286,911 |
5.5% |
Medium |
5.6% |
Medium |
Note: Foreclosure start rate is sum of foreclosure starts over 18 months; estimated for local areas. Risk score based on vacancies in Census Tracts with high rates of high cost loans. See methodology.
For NAHRO’s ongoing coverage of HUD’s implementation of the Neighborhood Stabilization Program, visit NAHRO’s HERA Resource Center at http://www.nahro.org/legislative/hr3221.cfm.
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