The El Paso Collaborative for Community and Economic Development (the Collaborative) and three non-profit organizations (Consortium Members) are grantees of the Neighborhood Stabilization Program (NSP2) award. The Collaborative is the primary grantee and fiscal agent for the grant.
The goal of the program is to stabilize neighborhoods by acquiring and rehabilitating foreclosed, vacant homes, and returning them to active service by making them available to low, moderate and middle income households for either homeownership or rental.
Our combined goal is the return to active use 125 single-family homes selected from 22 El Paso County census tracks that experienced high incidences of foreclosure.
Non-profit Consortium Members
These members work with low-income households and provide homeownership or rental opportunities.
- Habitat for Humanity El Paso - is acquiring 15 NSP single-family homes that will be rehabilitated and resold to low-income households.
- Project Vida - is acquiring 15 NSP single-family homes that will be rehabilitated and rented to low-income households.
- AYUDA, Inc. - is acquiring 5 NSP single-family homes that will be rehabilitated and rented to low-income households.
These private sector partners were selected to bring their business experience and construction expertise to acquire and make needed repairs, bringing new stakehodlers and returning affordable, quality housing to distressed neighborhoods.
Two for-profit developers are utilizing NSP funds to acquire, rehabilitate and resell NSP single-family homes to households with incomes up to 120% of El Paso's Area Median Family Income (AMFI) adjusted to household size.
|DAWCO Home Builders
1032 Quinault Dr.
6236 Quail Ave.
El Paso, TX 79924
Tel: (866) 908-8405