WHAT IS NSP?
In response to the recent foreclosure crisis, the federal government is providing Kansas City with $7.3 million through the Neighborhood Stabilization Program (NSP) to purchase and rehab vacant, foreclosed homes in the urban core and sell to eligible home buyers.
Five local developers will rehab these homes and guide qualified families through the process of finding and purchasing a home.
Now what? Start the Process! Once qualified you can choose the house that will become the home of your dreams.
HOW DO I QUALIFY?Program Requirements:
1. Be a U.S. citizen, qualifed alien or a non-immigrant.
2. Be able to qualify for a mortgage.
3. Attend an 8-hour HUD approved home buyer education class.
4. Home must be your primary residence.
5. Meet income qualifications below
| Family Size |
Maximum Household Income |
|
1
|
$59,100
|
|
2
|
$67,550
|
|
3
|
$76,000
|
|
4
|
$84,450
|
|
5
|
$91,200
|
HOW DO I BEGIN?
Complete a home buyer profile at nspkc.org or to obtain a form, contact one of the developers listed on the Contact Us webpage.
Call a realtor and tell them you want to purchase a NSP home.
Talk to a lender about a home mortgage.