Neighborhood Stabilization Program

• Establish financing mechanisms for purchase and redevelopment of foreclosed homes and residential properties;
• Purchase and rehabilitate homes and residential properties abandoned or foreclosed;
• Establish land banks for foreclosed homes;
• Demolish blighted structures;
• Redevelop demolished or vacant properties.

NSP1

NSP1 project Highlights:

• 11 newly renovated homes transferred to the City’s El Portal Program in January 2012 have generated $27,919 in rental Program Income during the first 8 full months of operation (Feb 2012 through Sept 2012).
• Primavera has completed 5 new housing units and renovated 4 homes for a total of 9 new/redeveloped NSP1 homes in City of South Tucson; 5 have been sold, 2 rented and 2 units remain for sale/lease.
• Ajo Plaza Redevelopment project (the redevelopment of 29,320 SF of vacant commercial space in the south building of the Ajo Plaza) is more than 99% complete, with just a few punch-list items remaining to be completed as of Dec 31, 2012. The owner and developer, International Sonoran Desert Alliance (ISDA), has relocated its offices into 1 of the new retail bays and they have leased 5 additional new retail bays to local business owners, creating 6 new FT jobs and 2 PT jobs.  All of these newly leased retail bays were previously vacant “store-front” retail spaces located on the first floor of the South Plaza.

NSP2

The Pima Neighborhood Investment Partnership (PNIP) is a collaboration between Pima For more information please contact Gary Bachman, Program Manager
(520) 724-5673
County and eight sub-grantees which was formed to apply for and implement the
Neighborhood Stabilization Program-2 (NSP2) Grant. The $22.1 million NSP2 grant is funded by the US Department of Housing and Urban Development (HUD) through the American Recovery and Reinvestment Act (ARRA). The grant is targeted to 30 census tracts covering neighborhoods in south and central Tucson, as well as the City of South Tucson and an unincorporated area of Pima County.