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Staff: $1.2 million recaptured from NSP to be moved into CDBG to continue homebuyer assistance

March 09, 2026 | Tamarac, Broward County, Florida


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Staff: $1.2 million recaptured from NSP to be moved into CDBG to continue homebuyer assistance
City staff told a staff agenda review on March 9 that about $1.2 million recaptured from an expiring Neighborhood Stabilization Program will be moved into the Community Development Block Grant (CDBG) program to continue down-payment assistance and minor home-rehabilitation services.

Kent, a staff member, summarized the item: “So there was an NSP, funding, and that was given to us in 2009. ... So there was about $1,200,000 recaptured.” He said the NSP program is being closed and staff will prepare a substantial amendment to the consolidated action plan to transfer those funds into the CDBG program so the city can offer the same services (down-payment assistance and minor home rehab) going forward.

The change responds to the program closeout and to program rules that required recipients to remain in their homes for about 30 years; staff said homeowners who sold before 30 years were required to repay funds at closing, which generated the recapture balance. The amendment would allow the city to allocate the recaptured funds to the active CDBG program and accept new applicants under the existing assistance structure.

Staff framed the move as a way to expand access to housing assistance: “Allows more applicants to get funding,” Kent said. The transfer requires a formal amendment and commission approval; staff said the item will be on the March 11 commission agenda for consideration.

No vote or formal commission action occurred at the March 9 staff review meeting; the staff review is a preparatory step ahead of the commission meeting.

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