NSP

E331268

NSP is a U.S. federal Neighborhood Stabilization Program created to address the impacts of the housing crisis by redeveloping and revitalizing foreclosed and abandoned properties in hard-hit communities.

All labels observed (4)

Label Occurrences
NSP canonical 2
NSP1 1
NSP2 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf United States federal housing program
abbreviation NSP self-linksurface differs
activityType demolition of blighted structures
establishment of land banks
financing mechanisms for homebuyers and developers
purchase of foreclosed homes
redevelopment of demolished or vacant properties
rehabilitation of foreclosed homes
administeredAs Community Development Block Grant-like program
administeredBy United States Department of Housing and Urban Development
surface form: U.S. Department of Housing and Urban Development
beneficiary low-income households
moderate-income households
neighborhoods with high foreclosure rates
country United States of America
surface form: United States
createdBy Housing and Economic Recovery Act of 2008
fundingRecipient consortia of public and private entities
local governments
nonprofit organizations
states
fundingSource federal appropriations
fundingType competitive grants
formula grants
goal increase homeownership opportunities
provide affordable rental housing
reduce neighborhood blight
support community revitalization
hasPart NSP self-linksurface differs
surface form: NSP1

NSP self-linksurface differs
surface form: NSP2

NSP self-linksurface differs
surface form: NSP3
implements neighborhood stabilization strategies
legalBasis Housing and Economic Recovery Act of 2008
oversightBy United States Department of Housing and Urban Development
surface form: U.S. Department of Housing and Urban Development
policyArea affordable housing
community development
purpose address impacts of the U.S. housing crisis
mitigate decline in home values in hard-hit communities
redevelop foreclosed properties
revitalize abandoned properties
stabilize neighborhoods affected by foreclosures
relatedTo 2008 United States housing and financial crisis
surface form: Great Recession

2008 United States housing and financial crisis
surface form: subprime mortgage crisis
sector housing
startTime 2008
targetArea areas with high rates of abandonment
areas with high rates of foreclosure
low- and moderate-income neighborhoods

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

NSP abbreviation NSP self-linksurface differs
subject surface form: Neighborhood Stabilization Program
NSP hasPart NSP self-linksurface differs
subject surface form: Neighborhood Stabilization Program
this entity surface form: NSP1
NSP hasPart NSP self-linksurface differs
subject surface form: Neighborhood Stabilization Program
this entity surface form: NSP2
NSP hasPart NSP self-linksurface differs
subject surface form: Neighborhood Stabilization Program
this entity surface form: NSP3