neighborhood stabilization

The Neighborhood Stabilization Program (NSP) was created by the Housing and Economic Recovery Act of 2008 to respond to rising residential foreclosures and property abandonment. The main purpose of the NSP is to stabilize neighborhoods negatively impacted by foreclosures. Orange County partnered with Habitat for Humanity Greater Orlando & Osceola County to utilize NSP funding to serve very low-income homebuyers in Orange County.