Lake County Illinois - File #: 10-0841

• File #: 10-0841
• Version: 1
• Name: Neighborhood Stabilization Program (NSP) Update
• Type: communication or report
• Status: Completed
• File created: 9/1/2010
• In control: Health and Community Services Committee
• Final action: 9/7/2010
• Title: Neighborhood Stabilization Program (NSP) Update

Date	Ver.	Action By	Action	Result
9/7/2010	1	Health and Community Services Committee	presented

Title

Neighborhood Stabilization Program (NSP) Update

Staff Summary

•                     Lake County received $4.6 million in Neighborhood Stabilization Program (NSP) funds to purchase and rehabilitate foreclosed homes

•                     By law, Lake County has until September 27 to obligate all of the funds or is at risk of losing them

•                     Staff will provide an update on the status of the obligation