San Diego County has applied for at least another $5 million from the Federal government to implement a second Neighborhood Stabilization Program
The Neighborhood Stabilization Program is intended to make funds available for homebuyers, nonprofit agencies, and developers to buy and rehabilitate foreclosed and abandoned homes.
As part of its recent proposal the plan is available for public comment between June 26, 2009 and July 5, 2009. You may review the entire plan at http://www.co.san-diego.ca.us/sdhcd/docs/nsp2_application_final.pdf [1]
If the funds are awarded an application should be made available on the county's website for Housing and Community Development. [2]