Media Release

ALACHUA COUNTY, FL - The Alachua County Housing Programs Office is conducting an informational meeting for Lenders and Real Estate Professionals to kick off the Alachua County Neighborhood Stabilization Program, (NSP).  The meeting will be held at the Alachua County Cooperative Extension Office (2800 NE 39^th Avenue, Gainesville), on February 26, 2010 from 10 a.m. to Noon.

NSP is funded by the State of Florida Department of Community Affairs the U.S. Department of Housing and Urban Development and was established for the purpose of stabilizing communities that have suffered from foreclosures and abandonment.  This program provides Alachua County $2.9 million dollars to acquire bank owned foreclosed properties in specific zip codes in Alachua County.  After the homes are purchased, they will be rehabilitated and then offered for resale to potential homebuyers with incomes up to 120% of Area median Income.

"The Neighborhood Stabilization Program funding provides Alachua County with an opportunity to both stabilize communities that have been adversely impacted by foreclosures, and to allow prospective homebuyers to purchase homes that are energy efficient and in good repair," commented Tom Webster, Housing Programs Manager. 

For more information, contact Tom Webster, Alachua County Housing Programs Manager at 352-374-5249.