Neighborhood Stabilization Program Ground Breaking

On October 4th at 607 E Beardsley, Habitat for Humanity, City of Champaign and the University of Illinois Habitat Student Chapter hosted a ground breaking on a new home for the Towanda Frazier family. This is a truly collaborative effort as the land and funds are being provided by the City of Champaign’s Neighborhood Stabilization Program grant; construction will be managed by Habitat for Humanity of Champaign County; and the student chapter will be the primary source for labor. This build will be the first of three Habitat homes constructed using City of Champaign Neighborhood Stabilization Program funds.

Habitat hopes to begin construction on the other two homes in the spring of 2011. The Neighborhood Stabilization Program funds are part of the Housing and Economic Recovery Act of 2008 which provided funding to the U.S. Department of Housing and Urban Development (HUD) in addition to several other federal agencies. The Neighborhood Stabilization Program was established for the purpose of stabilizing communities that have suffered from foreclosures and abandonment. The City applied for and received $1.8M in funding under this program and is utilizing funds to purchase and rehabilitate homes or purchase and redevelop residential properties consistent with federal regulations in order to prevent or eliminate blight and address urgent community development needs. Under the program, 6 new homes will be constructed in the Douglass Park neighborhood.