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NSP ISSUES AND OUTCOMES Arizona Housing Alliance March 22, 2012
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Transcript of NSP ISSUES AND OUTCOMES Arizona Housing Alliance March 22, 2012
U.S. Department of Housing and Urban Development Neighborhood Stabilization Program 1
Neighborhood Stabilization ProgramNeighborhood Stabilization Program
NSP ISSUES AND OUTCOMES
Arizona Housing Alliance March 22, 2012
U.S. Department of Housing and Urban Development
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NSP Issues and Outcomes
OVERVIEW
CAPACITYSTRATEGYPOLICYIMPLEMENTATIONLASTING OUTCOMES
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NSP Issues and Outcomes 1. Capacity Issues: Experience, Management skills,
Organizational breadth, Personnel (at both federal and local levels)
Overall Goal: Build capacity for
the long term
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NSP Issues and Outcomes
CapacityOutcomes:
Direct Assistance Training & ClinicsWebsite & WebinarsToolkits & Policy Resources
Legacy in the best sense
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NSP Issues and Outcomes
2. Strategy
Issues: Assumptions, Market knowledge, Relationships, Scale of NSP to problem
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NSP Issues and Outcomes Strategy Outcomes:
Agility, Adaptation, Interaction, Learning
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NSP Issues and Outcomes 3. Policy
Issues: Conform to the past or create the future?
Correcting market failure from inside. Scale of NSP to foreclosure problem.
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NSP Issues and Outcomes
Policy
Outcomes: Targeting, Leveraging, Collaboration, Sensitivity to local conditions
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NSP Issues and Outcomes
4. Implementation
Issues: Experienced partners, Private sector links, Appraisals/Financing, Deadlines
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NSP Issues and Outcomes
Implementation
Outcomes: Problem-solving mentality, New policies, Alternative financing, Innovation
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NSP Outcomes
5. Long Term Outcomes
Capacity building:
strategic targeting, collaboration, underwriting, construction/rehabilitation
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NSP OutcomesLong Term Outcomes Efficacy of targeting (TRF)
Sustainable financingHealthy collaborations
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NSP Outcomes
Long Term OutcomesQuestioning assumptions:
When will rationality return?Is this the end of NSP?Is homeownership sacred?Can we go beyond housing?