In the past day or so, I received numerous emails that the Prince Georges Neighborhood Stabilization Program (NSP) is set to close its doors in the spring 2010. Is this true?
Here are a few of the emails I received:
"We've been told that NSP is about to run out of money.
They've currently used 85% of the money allocated for the program, and should be "dry" by Spring 2010"
"Good morning. I received an email from the NSP yesterday. Please be aware that the NSP has set a deadline for applications for February 19th, 2010. Since we must have the appraisal and inspection reports prior to submission, it is imperative that you obtain and submit a ratified contract for your NSP buyers ASAP. Thank you,"
So are they planning to close its doors? What are your thoughts??