Under the NSP, the majority of the program funds will be loaned to developers to facilitate the purchase, rehabilitation, and resale of foreclosed properties.

Funds distributed as part of this program will not be provided directly to homeowners to refinance existing mortgages. However, Affordable Housing and Homeownership programs are available to provide assistance in purchasing a foreclosed home.

Other resources are available for homeowners looking to avoid foreclosure.

If you are interested in more information on Sacramento’s NSP program, please call (916) 440-1318 or email SacramentoNSP@shra.org.