DECD Seeks Comments on Neighborhood Stabilization Program Draft

NOTICE OF PUBLIC COMMENT PERIOD

THE STATE OF CONNECTICUT

DEPARTMENT OF ECONOMIC AND COMMUNITY DEVELOPMENT

IS SEEKING PUBLIC COMMENT ON THE CONNECTICUT CONSORTIUM’S DRAFT APPLICATION FOR NEIGHBORHOOD STABILIZATION PROGRAM (NSP2) FUNDING UNDER THE AMERICAN REINVESTMENT AND RECOVERY ACT(ARRA) OF 2009.

The public comment period will begin June 22, 2009 and end July 2, 2009 at the close of business. The Connecticut Consortium’s draft NSP2 Application is for the utilization of approximately $45,000,000 of funding under Title XII of the American Reinvestment and Recovery Act of 2009 (ARRA) for additional activities under Division B, Title III of the Housing and Economic Recovery Act (HERA) of 2008. Additional information regarding ARRA can be found at http://www.hud.gov/recovery/. The NSP2 funding is to assist in the redevelopment of abandoned and foreclosed homes. The Consortium’s NSP2 funding is targeted for the following activities; establish financing methods for purchase and redevelopment of foreclosed upon homes and residential properties, purchase and rehabilitate homes and residential properties that have been abandoned or foreclosed upon, redevelop demolished or vacant properties as housing. The Consortium’s NSP2 funds will be administered by the Department of Economic and Community Development (DECD) as the lead applicant. In addition to DECD, the Consortium members are the City of Bridgeport, the City of Hartford, the City of New Haven, the City of Stamford, the Corporation for Independent Living, Neighborhood Housing Services of CT, Inc., and Greater New Haven Community Loan Fund.

All state residents are encouraged to provide written comment on the Consortium’s draft NSP2 Application. A copy of the Consortium’s draft NSP2 Application as well as the state’s five-year Consolidated Plan for Housing and Community Development, annual Action Plans, and substantial amendments are available at the Department of Economic and Community Development’s website, www.DECD.org.

Written comments may be sent to W. Michael Regan, Community Development Assistant Administrator, Office of Strategy and Policy, Department of Economic & Community Development, 505 Hudson Street, Hartford, CT 06106-7106 or emailed to NSP.Comments@ct.gov All comments received will be summarized and responded to in the final NSP2 Application which will be posted on DECD’s website, www.DECD.org.

Department of Economic & Community Development programs are administered in a nondiscriminatory manner, consistent with equal employment opportunities, affirmative action, and fair housing requirements. Questions, concerns, complaints or requests for information in alternative formats must be directed to the ADA (504) Coordinator at 860-566-1755.

Publication Date: June 18, 2009