Local Groups Pioneer Neighborhood Stabilization Program Efforts (MPC)
It's been less than 12 months since the Neighborhood Stabilization Program (NSP) was established through the Housing and Economic Recovery Act to help communities devastated by foreclosures. It didn't take long to figure out that a strategic approach to the problem, working in collaboration instead of competing against each other, would be far more effective for the cash-strapped Cook County towns most in need. And already, the second round of NSP funding established through the American Recovery and Reinvestment Act was designed to reward communities who -- like South Cook and West Cook leaders -- work together across borders. It's amazing how much our region has learned and shared in recent months.
Read more about how Chicago-area municipalities and nonprofits are working together to maximize NSP and NSP2 funds.
Read more about the collaborations:
Local ideas inform regional and national trends
Interjurisdictional housing efforts gain momentum in south and west suburban Cook County