House Votes to Rescind $1B in Neighborhood Stabilization Grants

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The U.S. House of Representatives voted Wednesday to pull the plug on HUD’s Neighborhood Stabilization Program (NSP) and rescind $1 billion in grant money that has not yet been awarded.

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Neighborhood Stabilization Program Recovery from Crisis: Stories and Strategies from NSP These videos showcase NSP progam impact, strategies, and success stories.

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House Republicans may have succeeded in passing legislation to end federal housing programs that are intended to provide assistance to unemployed homeowners and support efforts to clean up vacant.

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