Ald. Jose Perez
Press Release

Deadline is Oct. 1 to apply for NSP2 Homebuyer Assistance program

Participants are offered both financial and technical advice as part of the program.

By - Sep 12th, 2012 01:48 pm

Alderman José G. Pérez reminds residents that the deadline to apply for Neighborhood Stabilization Program 2 Homebuyer Assistance funding is fast approaching. Anyone wishing to utilize NSP2 assistance to purchase and rehabilitate a foreclosed home must have their applications (with accepted offers) submitted to the Milwaukee Neighborhood Improvement Development Corporation by Monday, Oct. 1 2012.

After the deadline, Homebuyer Assistance loans will only be available for properties in the parts of the Sherman Park and Layton Boulevard West neighborhoods that are included in the NSP3 program area. You can learn more about the boundaries of the program areas by visiting the Neighborhood Stabilization Program website.

The city has received $25 million of NSP2 funds through the American Recovery and Reinvestment Act to help Milwaukee properties impacted by the foreclosure crisis, and those funds must be allocated and spent by February of 2013. Participants are offered both financial and technical advice as part of the program.

Mentioned in This Press Release

Recent Press Releases by Common Council President Ashanti Hamilton

President Hamilton and CCC invite public to community sessions on police reform

The Milwaukee Collaborative Community Committee was formed by Council President Hamilton and Council members when the effort to reform the Milwaukee Police Department was cancelled by federal officials.

The challenges and opportunities of the 2020 city budget

Statement of Common Council President Ashanti Hamilton September 30, 2019

President Hamilton takes part in West Coast panel discussion on inclusive economic growth

Event in Sacramento part of cooperative initiative involving NBA’s Bucks and Kings

Leave a Reply

You must be an Urban Milwaukee member to leave a comment. Membership, which includes a host of perks, including an ad-free website, tickets to marquee events like Summerfest, the Wisconsin State Fair and the Florentine Opera, a better photo browser and access to members-only, behind-the-scenes tours, starts at $9/month. Learn more.

Join now and cancel anytime.

If you are an existing member, sign-in to leave a comment.

Have questions? Need to report an error? Contact Us