The City of Coral Springs is facilitating a Neighborhood Stabilization Program 3 (NSP3) Workshop to provide information on the program to members of the general public. The workshop is scheduled for Wednesday, June 8, at the Northwest Regional Library from 5:30 to 7 p.m.
The City received $1,657,845 in emergency assistance from the Department of Housing and Urban Development (HUD) through the Community Development Block Grant (CDBG) for NSP3. The purpose of the program is to facilitate the purchase and rehabilitation of foreclosed and abandoned properties that might otherwise become sources of abandonment and blight within the community. Funds will be used to assist in Down Payment Assistance/Principal Interest Buy Down Program. Funds are also set aside to assist qualified individuals with rehabilitating NSP3 assisted property.
This program is available to eligible individuals who do not currently own any property. Eligible applicants do not have to be first-time homebuyers and must meet income criteria set forth by HUD. The NSP3 applications are available at Community Development Division located at 9530 West Sample Road, Monday through Friday, between 8 a.m. to 5 p.m. or online at www.CoralSprings.org/CommunityDevelopment/Housing. If you have any questions, please call 954-344-1114. The Northwest Regional Library is located at 3151 University Drive.