The federally funded Neighborhood Stabilization Program (NSP) enables eligible applicants to realize their dreams of homeownership in the city of Phoenix by providing monetary incentives to assist with down payment, closing costs and home improvements. Please call or email if you or someone you know is interesting in learn more or qualifying TODAY for one of the following NSP programs NOW available!
  
Currently there are THREE programs available:
1.) Homeownership Assistance to purchase a foreclosure home within the city of Phoenix limits.
 
2.) Home Improvement Program to purchase a foreclosure home needing repair in certain designated Phoenix area zip codes.
 
3.) Move-In Ready Program (MIR) provides $15,000 in assistance to eligible homebuyers, to purchase homes in established neighborhoods in Phoenix that have been newly renovated by program.
 
Each of the NSP programs provides the following:

  • a three-year home warranty policy
  • friendly guidance throughout the process
  • assurance that the buyer is ready for successful homeownership

Eligible Home Buyers Must Meet This Criteria:

 

  • Do not currently own any real estate
  • Will occupy the home as your primary residence
  • Earn within the program’s income requirements, which are less restricted than you may think.  For example, a household of four can make $79,100 and still qualify for the program.