How to Apply for Loudoun Neighborhood Stabilization Program, List of Designated Areas
January 22, 2009 by Danilo Bogdanovic
Filed under Foreclosure/REO properties
Loudoun County just released the name of the neighborhoods that qualify for the Neighborhood Stabilization Program (NSP). This is part of the NSP application process to, which Loudoun will submit to Virginia at the end of this month in hopes of securing at least $2 million to buy foreclosed properties for rehab.
The designated neighborhoods are (Adobe Reader required):
- Crestwood Hamlet
- Heritage Square
- Hunington Ridge
- Sterling Park South (A)
- Sterling Park South (B)
- Sugarland Run
The application for the Neighborhood Stabilization Program requires Loudoun County to provide a list of qualified buyers that would be interested in purchasing a property in these designated neighborhoods.
If you are interested in purchasing a property in one of these designated neighborhoods through the Neighborhood Stabilization Program, contact me and have the following information ready:
- Name
- Address
- Phone number
- Pre-qualification letter from a lender (aka "approval letter" or "lender letter")
Important…
- The deadline for these applications is January 27, 2009 (the application from the county is due to Virginia at the end of the month and these applications need to be a part of that)
- Without the above information, the County will not process your application
- The information listed above is required by Loudoun County as well as Virginia - this is not a gimmick to get your information for my own records (I was asked by Loudoun County to be part of the group providing input into the program and application process)
My contact info: danilo.bogdanovic (at) gmail (dot) com - 703.582.6900 (cell)
