Can only foreclosed properties be acquired through NSP?
Depending on the activity, properties may be eligible if they are abandoned (financing, home buyer, and rental), blighted (demolition), or vacant (redevelopment).
HMDA (Home Mortgage Data Act) on the FDIC website
Applicants are not being asked to have site control at the time of application. Applicants are being encouraged to identify and evaluate eligible properties within their target areas for possible inclusion in their project to demonstrate