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Watch the NSP3 Lunch and Learn Seminar :

SPECIAL NOTICE - AGN EXPANSION APPROVED

The Department of Housing and Urban Development has been approved the City's expansion of the Area of Greatest Need (AGN). The expansion area encompasses the area south of Whiteview Parkway and North of Royal Palms Parkway, bordered by US Highway 1 on the west and Interstate 95 on the east. You can find a map of the area under Program Documents below.

The Department of Housing and Urban Development (HUD) targeted the City of Palm Coast for federal grant funding through the Neighborhood Stabilization Program. The City has been granted $1.4 million of federal funding to purchase and renovate homes in a targeted area of the City (generally portions of R and P Sections) that have been foreclosed and are bank-owned.

For example, a family of four, with an annual income less than $70,200 or an individual earning less than $49,150 could qualify for up to $30,000 of financial assistance to purchase a home and an additional $15,000 towards the rehabilitation of that home. In addition, in order to qualify for this program, applicants must be credit worthy and undergo housing counseling.

The Department of Housing and Urban Development established the Neighborhood Stabilization Program to award funds to States, Counties and Cities based on the number of foreclosures and mortgage defaults in a community.

For more information, please contact Beau Falgout, Senior Planner for the City of Palm Coast at 386-986-3736 or bfalgout@palmcoastgov.com.

Interested Individuals/Families

The City of Palm Coast application period is OPEN. Financial assistance up to $30,000 will be available to qualified and credit-worthy individuals/families through this program to purchase a foreclosed/distressed home and an additional $15,000 towards the rehabilitation of that home.

Applications are available for download below and also available at City and County offices. Please phone Valerie Bradley at 386-313-4037 to make an appointment to submit your application.

Interested Contractors for Rehabilitation Work

The City of Palm Coast is looking for contractors interested in working with the Neighborhood Stabilization Program to perform rehabilitation work on those acquired foreclosed homes. Contractors must pre-qualify in order to bid on rehabilitation work related to the Neighborhood Stabilization Program.

For questions related to pre-qualification of contractors, please contact Brian Rothwell, Purchasing Manager, at 386-986-3730 or brothwell@palmcoastgov.com.

Interested Realtors and Vendors

In order to participate in the NSP3 Program, you must register as a vendor with the City of Palm Coast.

For Questions and Comments on Neighborhood Stabilization Program 3, please contact Beau Falgout at 386-986-3736 or bfalgout@palmcoastgov.com.