E9-10687. Notice of Availability: Notice of Funding Availability (NOFA) for the Neighborhood Stabilization Program 2 Under the American Recovery and Reinvestment Act, 2009

AGENCY:

Office of the Assistant Secretary for Community Planning and Development, HUD.

ACTION:

Notice.

SUMMARY:

HUD announces the availability of, and funding criteria for, approximately $1.93 billion available in competitive grants for the Neighborhood Stabilization Program 2 (NSP2) authorized under the American Recovery and Reinvestment Act of 2009 (Pub. L. 111-5, approved February 17, 2009). The purpose of this assistance is to stabilize neighborhoods whose viability has been and continues to be damaged by the economic effects of properties that have been foreclosed upon and abandoned. The NOFA establishing program requirements and waivers is available on the HUD Web site at http://www.hud.gov/​recovery.

FOR FURTHER INFORMATION CONTACT:

Stanley Gimont, Director, Office of Block Grant Assistance, Department of Housing and Urban Development, Room 7286, 451 Seventh Street, SW., Washington, DC 20410, telephone number [phone]. Persons with hearing or speech impairments may access this number via TTY by calling the Federal Information Relay Service at [phone]. FAX inquiries may be sent to Mr. Gimont at [phone]. (Except for the “800” number, these telephone numbers are not toll-free.)

Dated: April 30, 2009.

Nelson R. Bregón,

General Deputy Assistant Secretary for Community Planning and Development.