NSP Flexible Pool

Update as of February 16, 2011

The following projects have been selected to receive an award of Neighborhood Stabilization Program (NSP) funds under the NSP Request for Proposals (RFP) issued March 18, 2009 by the Georgia Housing and Finance Authority (GHFA):

NSP Number

Project Name

Applicant

 NSP Request

Program

NSP 09-002

Savannah Gardens Phase I

Mercy Housing

$2,500,000

LIHTC

NSP 09-006

CSRA Sibley Road

CSRA EOA

$ 818,864

PSHNSP

NSP 09-007

First Neighborhood

First Neighbor, LLC

$2,176,462

PSHNSP

NSP 09-011

The Manor at Norman Berry

Prestwick Development Company

 $1,725,000

LIHTC

NSP 09-004

Edgewood Townhomes

Columbia Residential, Inc.

$1,771,869

LIHTC

NSP 09-020

Bartlett Crossing

In-Fill Housing Inc.

$2,500,000

LIHTC

NSP 09-025

Douglas Supportive Housing-II

Cobb-Douglas CSB

$729,530

PSHNSP

NSP 09-026

Douglas Supportive Housing-III

Cobb-Douglas CSB

$729,530

PSHNSP

Flexible Pool: Georgia Neighborhood Stabilization Program

The RFP for NSP Flexible Pool funds for use with the Permanent Supportive Housing Neighborhood Stabilization Program (PSHNSP) and the Low Income Housing Tax Credit Program (LIHTC) is now available. All Applications for Flexible Pool funds must be submitted to DCA no later than 5:00 PM on March 27, 2009.  Please refer to the RFP for all application requirements and submittal instructions.

As of Friday, July 17, 2009, we will not be accepting any further applications for the Georgia Dream NSP Purchase Program. GHFA currently has 555 NSP reservations, which has exhausted all of the funds initially allocated to the Program ($ 5,000,000.00) and the $2,610,796.82 that was reallocated to the Program from the NSP Direct Pool.