City of Atlanta Touts Neighborhood Stabilization Accomplishments

The City of Atlanta reached a major milestone with its Neighborhood Stabilization Program (NSP) by obligating over 90 percent of its federal NSP grant dollars and nearly 95 percent of its state allocation while also helping Tracey Sanders become a proud new home owner.

Atlanta Mayor Kasim Reed and other leaders including Karen Jackson-Sims, U.S. HUD Acting Deputy Regional Administrator made the announcement as they toured a cluster of NSP homes in the City's Summerhill community.

Pictured left to right: Atlanta Mayor Kasim Reed, Realtor Michelle Sampson, Atlanta Housing Commissioner, James Shelby, Tracey Sanders, Homeowner, Karen Jackson-Sims, U.S. HUD Region IV, Acting Deputy Regional Administrator.

Pictured left to right: Janice Ware, Atlanta Mayor Kasim Reed, Karen Jackson-Sims, U.S. HUD Region IV Deputy Regional Administrator, Housing Commissioner James Shelby, Marshan Wilson, Georgia State Representative, Nan Orrock.

The federal stimulus dollars have helped the City acquire and renovate several homes for resale or rent as affordable housing. Through its NSP program and working with 13 local developers, the City has acquired 135 abandoned and/or foreclosed residential properties, producing 241 affordable units in various communities.

For more information about the Neighborhood Stabilization Program, visit HUD's website.

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