Archive for Kissimmee NSP

City of Kissimmee NSP

City Kissimmee NSP1 Program Florida SPECS has been working with the City of Kissimmee, managing their Neighborhood Stabilization Program (NSP) since 2009, which marked the beginning of the NSP1 Program.  As the Administrator of the NSP1 Program, Florida SPECS managed a budget of $2.3 million and successfully:

  • Purchase a total of 19 homes, two more than originally projected.
  • Rehabbed all 19 properties.
  • Market and sell nine properties as affordable housing for moderate income families.
  • Donate the remaining 10 homes to the Osceola Council on Aging, as part a partnership program that focused on affordable housing for Seniors.
  • Osceola Council on Aging was able to rent and manage all 10 of these properties for the long term.
  • Complete the project on time and within budget.
  • Provide turnkey marketing and management services including maintaining all HUD compliance requirements.

Florida SPECS has continued with the City of Kissimmee, managing the NSP2 and NSP3 programs. In the process Florida SPECS has forged a deep and mutually successful relationship with both the City of Kissimmee and the Osceola Council on Aging. For the latest NSP program details, please visit them online at KissimmeeNSP.org.

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