Fill and Sign the Louisiana Resale Certificate R 1079 Form

How would you describe the NSP2 application review process? Approximately 500 applications received All complete applications were reviewed by teams of 2, who presented score recommendations before 2 panelists that made final score decisions. CPD collaborated with staff in PIH and FTA to complete the review What criteria were used to evaluate NSP2 applications? Location—the extent of foreclosure needs in the applicant’s target area. Capacity—based on recent experience purchasing and rehabilitating a minimum of 75 homes. Program Design—proposed strategy for stabilizing the target geography. Compliance with Recovery Act—purchase and rehabilitate or demolish at least 100 homes and use at least 25% of funds awarded to serve very low income households. What is a consortium under NSP2? A joint application submitted by more than one public or private nonprofit organizations carrying out the program in a collaborative fashion. This could include a state with local governments, local governments with private nonprofits, etc. Why are $2 billion being allocated to so few grantees under NSP2? Competition—Recovery Act stipulated funds be awarded on a competitive basis, as a result HUD received complex proposals requesting more than $12 billion, but only $2 billion were available for awards. Transformation—Grantees were selected based on expertise in carrying out program activities that will not only stabilize the foreclosure crisis, but leverage other resources to support community revitalization. Geographic Scope—56 grants are being awarded, 33 are consortiums using a regional approach and four are national consortiums carrying out activities in target areas throughout the country. What are the timelines for NSP2? NSP2—a 3-year program, where 50% of grant must be spent in first 2 years (February 2012) and the total must be spent by the end of the third year (February 2013). Has the NSP proven successful in preventing and eliminating neighborhood blight due to foreclosed homes? The natural progression of a program of this scope prevents us from realizing the full potential of NSP at this point in time. Will the $2 billion of NSP2 funds provided through the Recovery Act be the last round of NSP funding or do you expect the program to continue? This is a question for Congress. HUD has no authority to authorize additional funding for NSP. My organization did not receive an award, how can I learn why my application was not funded? Beginning 30 days after the awards for assistance are publicly announced, HUD will provide to a requesting applicant a debriefing related to its application. A request for debriefing must be made in writing or by email by the authorized official whose signature appears on the SF-424 or by his or her successor, and be submitted to NSPdebriefing@hud.gov. Information provided during a debriefing will include, at a minimum: final score the applicant received for each rating factor, final evaluator comments for each rating factor, and final assessment indicating the basis on which assistance was provided or denied. For more information please contact Stanley Gimont, Director, Office of Block Grant Assistance, Department of Housing and Urban Development, 451 Seventh Street, SW, Room 7286, Washington, DC 20410, telephone number 202-708-3587.