What is Neighborhood Stabilization Program (NSP)?
The U.S. Department of Housing and Urban Development's (HUD) new Neighborhood Stabilization Program (NSP) provides assistance to state and local governments to acquire and redevelop foreclosed properties that might otherwise become sources of abandonment and blight within their communities. The NSP provides grants to every state and certain local communities to purchase foreclosed or abandoned homes and to rehabilitate, resell, or redevelop these homes in order to stabilize neighborhoods and stem the decline of house values of neighboring homes. For the State of Delaware NSP, HUD provided $19.6 million to Delaware State Housing Authority (DSHA). DSHA, in turn, has allocated funds from the $19.6 million to local jurisdictions through a competitive process based on need and on each applicant's proposed impact statewide.

How Do I Participate? Contact your local Housing Counseling Agency
Each household wishing to purchase a home through the NSP must successfully complete HUD-certified housing counseling sessions to ensure that they are mortgage ready and understand the risks, responsibilities and rewards of homeownership. All NSP funds must be used to create affordable rental and homeownership opportunities for households at or below 120% of Area Median Income (AMI). These households must have incomes equal to or less than the amounts shown below for their county and household size.

Housing Counseling Agency Referral List

Who was awarded NSP Funds?
The following jurisdictions (sub-grantees) have been awarded funds. Each jurisdiction has a different program to cater to the need in their area. For more information on the jurisdiction that you are interested in buying a home please use the links in the left menu.

New Castle County
Kent County
Sussex County
City of Wilmington
City of Dover


Delaware Analysis of Impediments to Fair Housing Choice
DSHA 2014