NSP 1
HUD allocated $3.92 billion on a formula basis to 309 grantees including 55 states and territories and 254 selected local governments. Grant agreements for these funds have already been signed. The local NSP funding allocation is; City of Cape Coral $7,065,484, City of FT MYERS $2,297,318, and Lee County $18,243,867.
The Housing Authority of the City of Fort Myers applied to Lee County Department of Human for $4.2 million to acquire and rehabilitate foreclosed and abandoned property for use as long term affordable rental housing. All properties are located in the NSP targeted areas identified by Lee County.
