What is the NSP?
The August 2008 “Housing and Economic Recovery Act” authorized a nearly $4 billion “Neighborhood Stabilization Program” (NSP). NSP enables state and local governments to buy and rehab foreclosed property. NSP funds are authorized to be used in certain hard-hit parts of the city and are regions that have high foreclosure rates, many of which homeowners took out subprime mortgages. Click here to read the official Chicago NSP Frequently Asked Questions page.
How does Breaking Ground participate in the NSP?
As an approved developer and general contractor Breaking Ground acquires foreclosed properties in need of rehab, assesses the work required, bids out the work, and manages the construction process to completion. Breaking Ground uses the construction to provide employment to some APL Teaching Factory graduates through self-performing demolition, appliance installation, shelving installation, trim carpentry, window installation, landscaping, site security, chain-link fence, and general site work.
As General Contractor
Breaking Ground staff manage the rehab construction from start to finish.
As Self-Performing Contractor
Breaking Ground uses APL Teaching Factory Graduates to perform the following trades on our NSP homes:
- trim carpentry
- window installation
- shelving installation
- site security
- chain-link fence
- appliance installation
- general site work
Our NSP Homes
See the map below of all the homes rehabbed by Breaking Ground.