Wednesday, September 19, 2012
© Copyright 2013
Gwinnett Daily Post
LAWRENCEVILLE -- Gwinnett officials are continuing a program that has helped stabilize neighborhoods hit by high rates of foreclosure in recent years.
Commissioners approved a contract Tuesday for the Neighborhood Stabilization Program, a U.S. Department of Housing and Urban Development program created years ago. Gwinnett first received a $14.4 million grant in 2009, which allowed the county to acquire and rehabilitate 101 foreclosed single-family homes and a foreclosed 92-unit townhome development. In all, 93 of those homes have been sold to low, moderate and middle income families, a press release said.
The contract awarded this week to Atlanta Neighborhood Development Partnership, Gwinnett Window and Door and The McCallan Group, along with nonprofits Lawrenceville Housing Corporation and View Point Health, allows work to continue on a $5.6 million grant awarded in 2011.
With a goal of rehabbing and selling 40 homes in and around the county seat of Lawrenceville, the program has sold two of 14 acquired homes.
To learn more about the Neighborhood Stabilization program, visit www.nspgwinnett.com or call the local NSP office at (678) 518-6026.