New Castle County, Delaware
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County Home > Community Services > Community Development and Housing > Neighborhood Stabilization Program

Neighborhood Stabilization Program

New Castle County was awarded $11.3 million in funding by the Delaware State Housing Authority through the U.S. Department of Housing and Urban Development to purchase and rehabilitate homes in many communities hardest hit by the foreclosure crisis.
 
NSP has acquired over 50 of these vacant and foreclosed homes in the following zip codes: 19701, 19702, 19709, 19720, 19802 and 19805. Each home has been extensively rehabilitated and updated with various green technology improvements to provide new owners with long-term affordability.
 
Homebuyer Qualifications
  • Must fall below 120% Area Median Income ($96,500 for a family of 4)
  • Complete 8 hours of HUD approved housing counseling

Buyers may qualify for special down payment and settlement assistance programs available for these properties. Interested homebuyers can call (302) 395-5660 for more program information.

Vacant Homebuyer Assistance Program 2 (VHAP2)

NEW PROGRAM! (Begins 3/15/12)
Eligible homebuyers may qualify for a 0% interest, deferred loan of 6% of sale price (up to $10,000) for downpayment and settlement assistance. This program has been created to address the issue of long-term vacant homes in communities throughout New Castle County and stimulate sales of these properties.
 
Homebuyer Qualifications
  • All properties must be seller certified as 90+ days vacant
  • Eligible purchase areas 10 census tracts througout Bear, Newark, New Castle, and Claymont.
  • Buyers must be below 120% Area Median Income
  • Must complete 8 hours of HUD-approved housing counseling

Contact Norman Spector for eligibility at (302) 395-5618.
 
*NCC Vacant Homebuyer Assistance Program loan
cannot be used for purchasing any existing County NSP homes


Available NSP Properties

36 Chesterfield Drive, Garfield Park, New Castle,19720                     
Listing ID:NSP43
Status:Pending Sale
MLS #:5956240
Contact:Janine Torres 302-652-3991
Single family rancher located in the Overview Gardens. 3 bed, 1 bath and totally renovated with a new kitchen, bath, roof and appliances.
415 Single Avenue, Collins Park, New Castle,19720                          FOR SALE NOW!
Listing ID:NSP25
Status:For Sale
MLS #:5880425
Contact:John Mcnamara (302) 658-4171 x 179, mcnamara.johnny@gmail.com
3 BR, 1 BA located in the Collins Park community. Fully updated and move-in ready with a new kitchen, roof, driveway and HVAC system!
9 Abson Drive, Rambleton Acres, New Castle, 19720
Listing ID:NSP237
Status:Under Construction
MLS #:N/A
Contact:Vicky Powers (302) 422-8255 ext: 106
3 BR, 1.5 BA in the Rambleton Acres community.

 

29 Robert Road, Green Brier, New Castle, 19720
Listing ID:NSP228
Status:Under Construction
MLS #:N/A
Contact:Vicky Powers (302) 422-8255 ext: 106
3 BR, 1 BA located in the Green Brier community.
204 Pennewill Drive, Leedom Estates, New Castle, 19720
Listing ID:NSP235
Status:Under Construction
MLS #:N/A
Contact:Vicky Powers (302) 422-8255 ext: 106
3 BR, 1 BA located in the Leedom Estates community.

39 Creekside Drive, Country Creek, Newark, 19702

Listing ID:NSP230
Status:Under Construction
MLS #:N/A
Contact:Vicky Powers (302) 422-8255 ext: 106
Single-Family 3 BR, 1 ½ BA home in Country Creek community.
11 Yew Road, Heather Woods, Newark,19702
Listing ID:NSP215
Status:Under Construction
MLS #:N/A
Contact:Janine Torres 302-652-3991
4 BR, 1.5 BA located in the Heather Woods community.
612 Green Spring Drive, Rivers End, Bear,19701
Listing ID:NSP212
Status:Pending Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1.5 BA in the Rivers End community.
214 W. Roosevelt Ave., Wilmington Manor, New Castle,19720
Listing ID:NSP214
Status:Under Construction
MLS #:N/A
Contact:Janine Torres 302-652-3991
2 BR, 1 BA in the Wilmington Manor community.
222 Vincent Circle, Middletown Village, Middletown,19709                                              
Listing ID:NSP34
Status:For Sale
MLS #:5933628
Contact:John Mcnamara (302) 658-4171 x 179, mcnamara.johnny@gmail.com
3 BR, 1.5 BA townhome in the Middletown Village community. Major updates include kitchen, baths, roof, windows, doors, and mechanical systems.
128 Robinson Drive, Manor Park, New Castle,19720
Listing ID:NSP219
Status:Pending Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
4 BR, 1.5 BA in the Manor Park community.
311 Pennewill Drive, Manor Park, New Castle,19720
Listing ID:NSP202
Status:Pending Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1 BA in the Manor Park community.
9 Verdi Circle, Taylortowne, Newark, DE 19702
Listing ID:NSP203
Status:Under Construction
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1.5 BA ranch in the Taylortowne community.
19 S. Rodney Drive, Edgemoor Gardens, Wilmington,19809
Listing ID:NSP209
Status:For Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1 BA in the Edgemoor community.
40 N. Pennewell Drive, Edgemoor Gardens, Wilmington,19809
Listing ID:NSP207
Status:For Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1 BA in the Edgemoor community.
42 N. Pennewell Drive, Edgemoor Gardens, Wilmington,19809
Listing ID:NSP208
Status:For Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1 BA in the Edgemoor community.
61 N Cannon Drive, Edgemoor Gardens, Wilmington,19805
Listing ID:NSP205
Status:For Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1 BA in the Edgemoor community.
17 Gogh Circle, Taylortowne, Newark, 19702
Listing ID:NSP221
Status:Under Construction
MLS #:N/A
Contact:Janine Torres 302-652-3991
2 BR,  1 BA in the Taylortowne community of Newark.
37 South Pennewell Drive, Edgemoor Gardens, Wilmington, 19809
Listing ID:NSP213
Status:For Sale
MLS #:N/A
Contact:Janine Torres 302-652-3991
3 BR, 1 BA in the Edgemoor community.