Neighborhood Stabilization Program (NSP)

Neighborhood Stabilization Program (NSP)

The Housing and Economic Recovery Act of 2008 was implemented on July 30, 2008 to address the severe housing crisis. Title III of the Act utilized funds under the Neighborhood Stabilization Program (NSP) for states and local governments to purchase and redevelop abandoned or foreclosed properties. Okaloosa County was awarded NSP funding through the Florida Department of Economic Opportunity.  This grant is now closed.

As part of this grant Okaloosa County purchased, rehabilitated and built 75 units that are rented to low income households at affordable rents. A wait-list may exist for this program.

                                              
Rolling Pines Townhomes, Crestview                      Palm Village, Fort Walton Beach
 

For information on potential vacancies and application information please contact Okaloosa County Housing Staff.

 

If you need to make a rent payment or have a repair need please contact the Property Management Company:

 

Prior to March 1, 2019

Okaloosa Community Development Corporation
204 Cloverdale Blvd.
Fort Walton Beach, FL 32547
Property Manager: Tamiko Williams
Phone: 863-1969 ext. 1

 

After March 1, 2019

Realty House Commercial Properties, Inc.
11 Racetrack Rd, N.E., Suite H-1
Fort Walton Beach, FL 32547
Property Manager: Maria Henriquez
Phone: 850-244-9117