Public Policy Institute
February 05, 2009
Community leaders joined Mayor Greg Ballard today to announce areas of the city where $29 million in Neighborhood Stabilization Program (NSP) funds will be focused. The funds were approved by Congress late in 2008 to help neighborhoods recover from the effects of widespread foreclosures.
Stakeholders from the public, private and nonprofit sectors have been meeting in recent months with guidance from the Center for Urban Policy and the Environment (CUPE) to determine how the funds will be focused in Indianapolis to achieve the most significant, positive impact.
CUPE research efforts were led by Senior Policy Analyst Seth Payton and the stakeholder discussions were facilitated by CUPE Director John Krauss.
To read the full press release please click here.