Sussex County: Neighborhood Stabilization Program (NSP)



Objective
The Sussex County NSP believes that in Sussex County, the purchase and rehabilitation of foreclosed homes and the creation of a second mortgage finance mechanism will reap the greatest benefit to the residents of Sussex County. Right now, climbing foreclosures have flooded the real estate market with vacant homes and properties, thereby reducing property values. All NSP homes will be sold at affordable prices with various financing mechanisms, which provide for subsidy retention and recapture. To further ensure stability amongst homeowners who participate in this program, homeowners will be counseled by HUD certified agencies prior to purchase.

Sussex County NSP Geographic Area(s) Served
Prioritized zip codes are:
19973, 19956, 19947, 19963, & 19950
NSP Foreclosure Map

Partners
Sussex County will be working with the following partners for NSP:

Housing Counseling Agencies
Housing Counseling Agency Referral List
Sussex County is partnering with the following counseling agencies for NSP counseling:
Name Phone Number
First State Community Action Agency (302) 856-7761
NCALL Research, Inc (302) 855-1370

For more information about Sussex County NSP, please contact (302) 855-7777 or go to the Sussex County Department of Community Development and Housing: http://www.sussexcountyde.gov/dept/communitydev/