Phoenix Neighborhood Stabilization Program

The NSP Move-In Ready Program offers buyers a practical option in their pursuit of a home. These newly improved foreclosed homes meet the HUD Housing Quality Standards, offer energy efficient features and enhanced curb appeal. Mandalay Communities is proud to partner with the City of Phoenix to rehab these homes in efforts to assist homebuyers in purchasing a "Move-In Ready" home. Buyers who chose this option enjoy the benefits of living in established areas of the city of Phoenix and receive homeownership educational programs and support. Mandalay Communities is excited to include the NSP Program in its portfolio and to have a positive impact on the growth of its communities.

Please check out our Neighborhood Stabilization Project built homes at Gordon Estates.

Press

Phoenix Neighborhood Stabilization Program at work in South Mountain Village

City of Phoenix PubVacant foreclosed homes affect communities in many ways: increased opportunity for crime, neighborhood blight and decreased home values. The South Mountain Village was hit hard and accumulated more than 6,100 foreclosures since 2008 and is now benefiting from NSP investment. The Neighborhood Stabilization Program (NSP) was designed [...]

Mandalay Homes partners with the NSP

1/14/2010 HUD AWARDS $118 MILLION IN RECOVERY ACT GRANTS IN ARIZONA TO STABILIZE NEIGHBORHOODS, REBUILD ECONOMIES by Brian Sullivan www.hud.gov/news/ Stabilization grants to help neighborhoods recover from the housing crisis TUCSON, AZ – U.S. Housing and Urban Development Assistant Secretary Mercedes Márquez today announced that HUD is awarding nearly $118 [...]