The primary goal of the Neighborhood Stabilization Program (NSP) is to provide emergency assistance for the redevelopment of abandoned and foreclosed homes and residential properties. The City of Ontario received a formula allocation of $2,738,309 in NSP funds.
The following table identifies the recommended allocations for NSP-related activities.
| Proposed Programs |
NSP Funding |
| Mercy House Multi-Family Program |
$1,902,599 |
| Single-Family ARR Program |
$282,229 |
| Mortgage Assistance Program |
$279,650 |
| Establish Land Banks |
$0 |
Demolition and Redevelopment of Foreclosed or
Abandoned and Blighted Properities |
$0 |
| City of Ontario NSP Administration |
$273,831 |
| TOTAL |
$2,738,309 |
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