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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

Public Administration

Walden University

Theses/Dissertations

2015

2008 economic recession

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Full-Text Articles in Social and Behavioral Sciences

Benefits And Barriers Of Hud Neighborhood Stabilization Program As Perceived By Stakeholders, L. Diane Bennett Jan 2015

Benefits And Barriers Of Hud Neighborhood Stabilization Program As Perceived By Stakeholders, L. Diane Bennett

Walden Dissertations and Doctoral Studies

Devalued homes and weakened economic conditions of 2008 led to lost property tax revenues, more vacant and abandoned properties, and destabilized neighborhoods. The first Neighborhood Stabilization Program (NSP1) was a federal intervention designed to mitigate the damage of the recession, but there is scant evidence of program effectiveness. A phenomenological study, using a method outlined by Moustakas,

answered questions on the benefits and barriers of NSP1 as perceived by stakeholders in a Mid-Atlantic city. Stakeholders included nonprofit housing advocates, residents, business partners, and government officials. Theories of collaborative governance and community stakeholders were used to guide the investigation of NSP1 …