Neighborhood Stabilization Program

NSP logoThe Neighborhood Stabilization Program (NSP) provides targeted emergency assistance to state and local governments to acquire and repair foreclosed properties that might otherwise become abandoned and blight.


The City of Stockton is proposing to use $12.1 million of NSP funds allocated by HUD to:

  • acquire and repair foreclosed residences,
  • offer down payment and closing cost assistance to low-to-moderate income home buyers, and 
  • demolish blighted structures. 

HUD set income maximum at 120 percent of area median income. 

In Stockton, that means $75,700 for a family of four.


The Neighborhood Stabilization Program also seeks to protect future homebuyers by requiring new homebuyers using this program obtain a mortgage loan from a lender who agrees to comply with sound lending practices.


Neighborhood Stabilization Program Fact Sheet (English)

Estabilización de Vecindario - Programa de Asistencia para Pago de Enganche


For further information regarding the purchase of a foreclosed home, contact any of the following non-profit developers below:

  • Service First of Northern California at (209) 644-6300

  • S.T.A.N.D. at (209) 937-7625

  • Villa Real at (209) 460-5024

  • Visionary Home Builders of California at (209) 466-6811

City of Stockton's NSP promotional flyer


NSP Down Payment Assistance Program

In conjunction with the Neighborhood Stabilization Program (NSP), the City will provide financial assistance to qualified home buyers to help with down payment costs. 

Basic terms of the program include:

  • Income Limit:  120% of area median income
  • Loan Amount:  Maximum 5% of purchase price, plus closing costs
  • Homeowner Investment:  Minimum of 1.5% of purchase price
  • Interest Rate:  3% year 1-15, 0% year 16-30
  • Loan Term:  Deferred, 30 years
  • Eligibility:  Residency or employment within the City of Stockton for a minimum of one year

NSP Down Payment Assistance Program Guidelines


For more information, please contact the Housing Division.


External Links

HUD's Neighborhood Stabilization Program

Visionary Home Builders of California


This City of Stockton web page last reviewed on --- 5/12/2015