City of Grand Prairie NSP

Neighborhood Stabilization Program


City of Grand Prairie NSP

Location Served: Grand Prairie, TX

Provider: City of Grand Prairie

To inquire if New American Funding is currently an approved lender for this DPA program, please call (512) 524-8077. This webpage is for information purposes only.


The Neighborhood Stabilization Program (NSP) was established by the Department of Housing and Urban Development (HUD) in order to provide targeted emergency assistance to state and local governments. The NSP gives state and local governments the opportunity to acquire and redevelop foreclosed properties.
On November 4, 2008, the Housing and Neighborhood Services staff was granted permission by the Grand Prairie City Council to submit an application for NSP funds. The City of Grand Prairie was awarded with a $2,267,290.00 grant to help finance activities generating home ownership opportunities and neighborhood stabilization through the acquisition and renovation of foreclosed properties located in the city. Grand Prairie will use the NSP funds for the programs listed below:

Foreclosed Home Acquisition and Resale Program (4-Gov)
Foreclosed Home Purchase Assistance Grant Program (4-Home)

If you have any additional questions regarding home mortgages, please contact a mortgage expert by filling out the form on the right or calling (512) 524-8077. You can also email

This website marketing is not intended to offer loan services for properties in New York.