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NSP Resource Exchange Weekly Bulletin
Register Now: Free Underwriting Training for NSP Grantees
HUD is pleased to announce that space is still available for the final three classes of free underwriting training for NSP grantees. National Development Council’s (NDC) Housing Development Finance Professional Certification Program is open to all NSP grantees at no cost as part of HUD's technical assistance effort. Grantees need only pay any related travel costs. All participants must be registered by September 4th. For more information see below or visit NDC's website.

Course Date Location
HD410 - Home Ownership Finance 

Prerequisite: None
 8/27-8/30/12  Chicago, IL
HD430 - Housing Development Finance: Problem Solving and Deal Structuring 

Prerequisites*: HD410, HD420, and HD 422
 9/10-9/14/12  Los Angeles, CA
HD430 - Housing Development Finance: Problem Solving and Deal Structuring 

Prerequisites*: HD410, HD420, and HD 422
 9/10-9/14/12   New Orleans, LA

*There is no waiver of prerequisites.
NSP1, NSP2, and NSP3 Commitment and Drawdown Data Report
Cumulative commitments and drawdowns for NSP1, NSP2, and NSP3 grantees as of August 13, 2012 are available on the NSP Resource Exchange. This data is updated weekly. View the data here.


NSP Problem Solving Clinic Training Materials - April - July 2012
These presentations are from the NSP Problem Solving Clinics which took place from April - July 2012. The clinics featured one-on-one sessions with HUD staff and expert technical assistance providers, as well as workshops and policy updates. The regionally-focused clinics covered program management, technical issues, and program design topics relevant for all NSP grantees. Presentation slides for the workshops are available. View the resources by scrolling down to “Training Materials” on the NSP Learning Center.
Developers and Subrecipients: The Differences, Procurement, and Other Rules Surrounding Each Webinar Transcript - July 24, 2012
This webinar is intended for all NSP grantees and their partners interested in the distinction between developers and subrecipients as well as the application of various HUD and OMB rules. The presenter discusses how subrecipients and developers may be selected and what procurement rules each must follow. The webinar also covers eligible forms of compensation for developers and subrecipients. At the conclusion of the presentation, the presenter reviews several situations with webinar attendees to determine whether an entity is a subrecipient or a developer and why. View the resource at the NSP Learning Center.
The National Mortgage Settlement: What Does This Mean for NSP? Webinar Recording and Transcript - July 31, 2012
This webinar is intended for NSP grantees interested in learning more about the National Mortgage Settlement - a $25 billion settlement between state attorneys general and the top five mortgage servicers that settles claims of mortgage servicing abuses and improper foreclosure practices. In this webinar, the National Community Stabilization Trust provides an overview of the National Mortgage Settlement terms, examines the settlement's "anti-blight" provisions, illustrates ways the settlement is impacting the neighborhood stabilization space, as well as suggests ways NSP grantees can work with servicers to ensure the settlement enhances their local community revitalization efforts. The webinar is an interactive event, with Q&A throughout. View the resources at the NSP Learning Center.


NSP2 and Revolving Funds
August 21, 2012 2-4 p.m. EDT Online

DRGR Computer-Based Workshop - Los Angeles, CA
August 21-22, 2012
DRGR Computer-Based Workshop - Denver, CO
August 23-24, 2012
HD410 Home Ownership Finance - Chicago, IL
August 27-30, 2012
DRGR Computer-Based Workshop - Fresno, CA
August 28-29, 2012
HD430 Housing Development Finance: Problem Solving and Deal Structuring - New Orleans, LA
September 10-14, 2012

View the NSP Resource Exchange events calendar for more webinars and events happening in a community near you.   

The Community Builders Province Landing NSP Construction Project

Community Builders Province Landing NSP Project The new Province Landing construction project created 50 units of affordable rental that are LEED Silver certifiable and Energy Star compliant. The project includes: energy efficient windows, very high insulation values, panelized construction, very high efficient boilers, energy efficient lighting, low-flow water fixtures, native landscaping and water-efficient irrigation, compact site development, bike racks and transit access.

Photo Courtesy of: The Community Builders

Family gets new home
August 6, 2012 - Imperial Valley Press
HEBER, CA - Family of five is the first beneficiary of Imperial County, CA’s Neighborhood Stabilization Program.


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