Tuesday, June 14, 2011

PUBLIC NOTICE AND NOTICE OF PUBLIC HEARING: NSP III

PUBLIC NOTICE AND NOTICE OF PUBLIC HEARING:

Neighborhood Stabilization Program III (NSP3)

The State of Colorado’s Neighborhood Stabilization Program III (NSP3) Action Plan was approved by the U.S. Department of Housing and Urban Development (HUD) and the grant agreement was executed March 11, 2011, making funds available for expenditure through March 11, 2014. The Plan is required under the Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) in order to receive $6,518,947 in Federal funds from the program. A Continuation of Intergovernmental Joint Cooperation Agreement has been executed to combine into one grant the following entitlements:

State of Colorado: $5,098,309
City of Colorado Springs: $1,420,638 (administered by State of Colorado)

A Substantial Amendment to the NSP3 Action Plan will be submitted to HUD June 30, 2011, following a 15-day public comment period. The Substantial Amendment is available for public comment Tuesday, June 14 through Tuesday, June 28, 2011. The proposed plan is available online, in English and Spanish, at http://dola.colorado.gov/cdh/NSP3SubstantialAmend.htm.

A public hearing has been scheduled by the Colorado Department of Local Affairs for the Substantial Amendment to the NSP3 Action Plan. The hearing will be held on Friday, June 24, 2011 in Denver, 1313 Sherman St., Room 518 (Mountainside Conference Room) at 9:00 a.m. If special accommodations are needed, please call Alison O’Kelly at (303) 866-3409 for the public meeting. The Department of Local Affairs TDD Number is (303) 866-5300. Written comments must be received by Tuesday, June 28, 2011, at the Colorado Division of Housing, 1313 Sherman Street, Room 500, Denver CO, 80203, ATTN: Alison O’Kelly. To submit comments via E-mail, please send to Alison O’Kelly at alison.okelly@state.co.us.