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Neighborhood Stabilization Program 2
CMHA, through a consortium with the City of Cleveland, Cuyahoga County, and the Cuyahoga Land Reutilization Corporation, was awarded a $6.75 million grant through HUD’s Neighborhood Stabilization Program 2 (NSP2). HUD launched this program in 2009 to help stabilize neighborhoods whose viability has been, and continues to be damaged by the economic effects of properties that have been foreclosed upon and abandoned. Since being allocated this funding, CMHA, has been busily pursuing opportunities to expand affordable housing opportunities throughout Cuyahoga County. CMHA is currently pursuing two development opportunities, using NSP2 financing:
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