Under the Federal Housing and Economic Recovery Act of 2008, the City of Fontana will receive $5,953,309 in Community Development Block Grant (CDBG) funds to establish a Neighborhood Stabilization Program (NSP). HUD determined the City’s NSP allocation based on Fontana’s percentage of home foreclosures, percentage of homes financed by sub prime loans and the likelihood of a significant rise in the rate of home foreclosures.
The City may use NSP funds for the acquisition, rehabilitation and/or redevelopment of abandoned or foreclosed residential properties and the subsequent sale or rental of such properties to households with incomes up to 120 percent of the area median income. At least 25 percent of NSP funds must help households with incomes below 50 percent of the area median income.
Download the City of Fontana's NSP2 Application #642144555 (PDF) (33MB)
Download the Notice of 10 Day Public Review Period
Download the 2008-09 Annual Action Plan Amendment here (PDF)
Download the Notice of 15 Day Public Review Period
Please contact Valerie Gonzales at (909) 350-6625 with specific questions regarding this program.