Stabilizing Communities Across the U.S.
NALCAB was instrumental in creating the consortium by selecting member organizations that are recognized in the community development industry as high capacity affordable housing producers. NALCAB as an NSP2 partner to CPLC is fulfilling its duties by managing the peer support component of the consortium and assisting with the administration, training, and monitoring requirements associated with the grant.
In January 2010, a consortium of 15 NALCAB members with Chicanos Por La Causa, Inc. (CPLC) of Phoenix, AZ as the lead applicant were awarded $137 million under the U.S. Department of Housing and Urban Development (HUD) Neighborhood Stabilization Program Round 2 to revitalize neighborhoods in eight states and the District of Columbia that have been negatively impacted by foreclosures and abandoned properties. This award is the largest single federal investment ever made that targets predominately Latino communities.
The CPLC/NALCAB NSP2 Consortium is leading all NSP2 grantees in expenditures. To date, more than 50 percent of the grant has already been invested in various communities across the country.
This unique neighborhood stabilization initiative fits perfect with NALCAB's mission of creating jobs, developing neighborhood assets and building family wealth. The local NSP2 work is creating economic opportunity for construction workers, realtors, inspectors, landscapers, property management, and maintenance professionals, roofers, and skilled tradesmen.
The goals of the CPLC/NALCAB NSP2 Consortium are:
- Purchase and rehabilitate homes and residential properties that have been abandoned or foreclosed.
- Stimulate local economies by purchasing, renovating, and selling real estate in local communities.
- Stabilize housing values while improving neighborhood conditions.
- Establish financing mechanisms for homebuyers interested in purchasing
- NSP2 rehabilitated properties.
- Establish land banks for homes and vacant properties that have been foreclosed or abandoned.
The CPLC/NALCAB NSP2 Consortium Partners
| Organization | Target Area |
| Chicanos Por La Causa, Inc. | Maricopa County and Santa Cruz, AZ |
| Affordable Homes of South Texas, Inc. | Hidalgo County, McAllen, TX |
| Community Development Corporation of Brownsville | Brownsville, TX |
| El Paso Affordable Housing CUSO | El Paso, TX and Las Cruces, NM |
| Tierra del Sol Housing Development Corporation | El Paso, TX and Las Cruces, NM |
| Yes Housing, Inc. | Albuquerque, NM |
| CHISPA | The cities of Salinas, Gonzales, Soledad, Greenfield, King City, Hollister, CA |
| New Economics for Women | Areas of Los Angeles and San Fernando, CA (San Fernando Valley) |
| Community Resources and Housing Development Corporation | Suburban and rural counties in Colorado |
| Del Norte Neighborhood Development Corporation | Denver, CO |
| NEWSED Community Development Corporation | Denver, CO |
| Northeast Denver Housing Center | Denver, CO |
| Mi Casa, Inc. | Baltimore, MD and Washington, D.C. |
| Norris Square Civic Association | Philadelphia, PA |
| The Resurrection Project | Chicago, IL |
Contact Information
Christopher W. Sanchez
NSP2 Senior Program Manager
National Association for Latino
Community Asset Builders
Phone: (210) 227-1010
E-mail: csanchez@nalcab.org
