Friday, December 5, 2008

Neighborhood Stabilization Plan

City submits Neighborhood Stabilization Plan to HUD
Plan shows how $29 million will be spent


The City of Indianapolis submitted the final draft of its Neighborhood Stabilization Plan (NSP) to the Department of Housing and Urban Development (HUD). The plan details how the city will use $29 million in HUD funding to help deal with foreclosure and abandoned housing.

The plan includes public comments the city received on or before November 26th. There will be further opportunities for public comment in late January and early February. Further information will be posted on the city's website. The NSP can be viewed at Neighborhood Stabilization Plan

John Bartholomew
Public Information Officer
Indianapolis Department of Metropolitan Development
200 East Washington Street, Suite 2010
Indianapolis, Indiana 46204
Office: (317) 327-6709

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