Thursday, September 9, 2010

Division of Housing announces obligation of all NSP1 funds

All Neighborhood Stabilization Funds have been obligated

The Department of Local Affairs announced today that it has obligated all Neighborhood Stabilization Program (NSP1) funds ahead of the September 10 deadline. Per the Housing and Economic Recovery Act (2008) all funds were required to be obligated (under executed purchase, rehab or Developer contracts) within 18 months of receipt of funds from HUD. The entire $37,918,555 in grant funds administered by the State, including $3,904,989 entitlement funds awarded to Colorado Springs, has been obligated at this time.

Thank you to all of our grantees and partners who made the completion of the NSP1 obligation process possible:

Adams County
Jefferson County
City of Broomfield
City of Aurora
City of Denver
Douglas County
El Paso County
Arapahoe County
Arapahoe/Douglas Mental Health Network
Greccio Housing Unlimited, Inc.
Rocky Mountain Community Land Trust
Greeley Urban Renewal Authority
Douglas County Housing Partnership
Greeley Habitat for Humanity
Flatirons Habitat for Humanity
Habitat for Humanity Metro Denver
Jefferson County Housing Authority
Denver Urban Renewal Authority
Denver Neighborhood Development Collaborative
City of Pueblo
City of Englewood
Adams County Housing Authority
Greeley Housing Authority
Posada, Inc.
Pillar Property Services, LLC.
Wheat Ridge 2020
Community Housing Development Associates
Partners in Housing
Funding Partners for Housing Solutions
ICF International