Rockdale Neighborhood Stabilization Program (NSP) Now Accepting Applications

The Rockdale Neighborhood Stabilization Program (NSP) was created to help slow the decline of neighborhoods where housing values and conditions are deteriorating due to the presence of foreclosed homes.

Program Overview:

To address the foreclosure problem, the NSP will purchase vacant foreclosed homes in targeted areas, make necessary repairs on the homes and sell the houses to eligible homebuyers. Eligible applicants, who select a NSP home, submit earnest money and an executed contract as well as complete the home counseling and NSP certification process, will receive a down payment assistance commitment up to $14,500 from NSP.

Eligibility:

Eligibility for NSP varies based on a multitude of family situations, including families as small as one person with an annual income of at least $25,100, to larger families with annual salaries of over $110,000. Any person, regardless of current residency or employer (government employees may apply) and meet the criteria in the application are encouraged to apply for assistance through the NSP.

Any person interested in purchasing a home through the Rockdale Neighborhood Stabilization Program may visit the County's website, www.rockdalecounty.org and follow the links to the NSP. Program Eligibility Applications also are available at the Information Desk of the Rockdale County Administration and Services Building, 958 Milstead Avenue, Conyers, Georgia 30012 as well as at the Nancy Guinn Memorial Library, 864 Green Street, Conyers, Georgia 30012.

PROGRAM INCOME & HOUSEHOLD SIZE GUIDELINES

Low Income	1 person	2 person	3 person	4 person	5 person	6 person	7 person	8 person
50% *AMI To qualify in this category household income can be no more than:	25,100	28,700	32,250	35,850	38,700	41,600	44,450	47,300
Middle/Moderate Income	1 person	2 person	3 person	4 person	5 person	6 person	7 person	8 person
120% *AMI To qualify in this category household income can be no more than:	60,250	68,850	77,450	86,050	92,900	99,800	106,700	113,550

The NSP will accept applications on a continual basis.

Completed applications along with your bank pre-approval letter for home loan financing may be mailed or hand delivered to the following:
Information Desk - Rockdale County Administration and Services Building

Attn: A. Cintron, Rockdale NSP

958 Milstead Avenue Conyers, Georgia 30012

Call 770-278-7551 for more details regarding participation in the NSP.