NSP

E331268

NSP is a U.S. federal Neighborhood Stabilization Program created to address the impacts of the housing crisis by redeveloping and revitalizing foreclosed and abandoned properties in hard-hit communities.

All labels observed (4)

Label Occurrences
NSP canonical 2
NSP1 1
NSP2 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf United States federal housing program ⓘ
abbreviation NSP ⓘ
activityType demolition of blighted structures ⓘ
establishment of land banks ⓘ
financing mechanisms for homebuyers and developers ⓘ
purchase of foreclosed homes ⓘ
redevelopment of demolished or vacant properties ⓘ
rehabilitation of foreclosed homes ⓘ
administeredAs Community Development Block Grant-like program ⓘ
administeredBy U.S. Department of Housing and Urban Development ⓘ
beneficiary low-income households ⓘ
moderate-income households ⓘ
neighborhoods with high foreclosure rates ⓘ
country United States ⓘ
createdBy Housing and Economic Recovery Act of 2008 ⓘ
fundingRecipient consortia of public and private entities ⓘ
local governments ⓘ
nonprofit organizations ⓘ
states ⓘ
fundingSource federal appropriations ⓘ
fundingType competitive grants ⓘ
formula grants ⓘ
goal increase homeownership opportunities ⓘ
provide affordable rental housing ⓘ
reduce neighborhood blight ⓘ
support community revitalization ⓘ
hasPart NSP1 ⓘ
linked to: NSP

NSP2 ⓘ
linked to: NSP

NSP3 ⓘ
linked to: NSP
implements neighborhood stabilization strategies ⓘ
legalBasis Housing and Economic Recovery Act of 2008 ⓘ
oversightBy U.S. Department of Housing and Urban Development ⓘ
policyArea affordable housing ⓘ
community development ⓘ
purpose address impacts of the U.S. housing crisis ⓘ
mitigate decline in home values in hard-hit communities ⓘ
redevelop foreclosed properties ⓘ
revitalize abandoned properties ⓘ
stabilize neighborhoods affected by foreclosures ⓘ
relatedTo Great Recession ⓘ
subprime mortgage crisis ⓘ
sector housing ⓘ
startTime 2008 ⓘ
targetArea areas with high rates of abandonment ⓘ
areas with high rates of foreclosure ⓘ
low- and moderate-income neighborhoods ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Neighborhood Stabilization Program → abbreviation → NSP ⓘ
subject linked to: NSP
Neighborhood Stabilization Program → hasPart → NSP1 ⓘ
subject linked to: NSP
linked to: NSP
Neighborhood Stabilization Program → hasPart → NSP2 ⓘ
subject linked to: NSP
linked to: NSP
Neighborhood Stabilization Program → hasPart → NSP3 ⓘ
subject linked to: NSP
linked to: NSP