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Neighborhood Initiative Program

Neighborhood Initiative Program

The Authority is pleased to announce the launch of the Neighborhood Initiative Program (NIP). The goal of NIP is to stabilize property values through the removal of blighted properties in strategically targeted areas, in an effort to prevent future foreclosures for existing property owners.  NIP will assist communities by stemming the decline of home values and acting as a catalyst to initiate redevelopment and revitalization in areas suffering from blight and decline.  Demolition of blighted properties will have a positive effect on preserving existing neighborhoods.    NIP is a joint venture of the South Carolina State Housing Finance and Development Authority and the SC Housing Corp., a not-for-profit corporation.  NIP is made possible by the U.S. Department of the Treasury. 

Program Announcements
Program Notice #14 was released on September 26, 2017.  Please see below for this and all other program notices.

Helpful Links

Frequently Asked Questions
Frequently Asked Questions #1
Frequently Asked Questions #2 
Process Flow

Program Notices
Program Notice #1 Policy Change: Cost Analysis Requirements
Program Notice #2 Policy Change: Disbursements
Program Notice #3 Policy Change: Management/Maintenance Fees and Round 2 Funding
Program Notice #4 Annual Certification: Ethics, Fraud, Conflict of Interest, & Privacy Policy
Program Notice #5 Financial Reporting Requirements 
Program Notice #6 Final Inspections 
Program Notice #7 Worker's Compensation Insurance 
Program Notice #8 Property Disposition, Redevelopment and Project Revenue
Program Notice #9 New Treasury Requirements 
Program Notice #10 Acquisition Deadlines and Final Inspections 
Program Notice #11 Increased Funding for Parcels with Multiple Properties  
Program Notice #12 Performance Metrics 
Program Notice #13 Asbestos Testing, Maintenance, and Personal Identifiable Information
Program Notice #14 SIGTARP Preservation Notice

Program Manuals and Forms
Guidelines & Implementation Manual 


   NIP-1 Property File Checklist  
   NIP-2 Property Eligibility Form
   NIP-2A Property Eligibility Form for Multiple Units on One Parcel  
   NIP-3 Loan Closing Request Form     
   NIP-5 Cost Analysis Form    
   NIP-6 Inspection Request Form  
   NIP-7 Addendum to Contract
   NIP-8 Debarment Certification Form
   NIP-9 Conflict of Interest Certification Form   
   NIP-10 Disbursement Request Form   
   NIP-11 ACH Form and W-9 Form
   NIP-12 Quarterly Performance Report 
   NIP-13 Confidentiality Agreement  
   NIP-14 Contract Submittal Form    
   NIP-15 Budget Revision Form 
NIP-16 Administrative Expense Form 
NIP-17 Ethics, Fraud, Conflict of Interest and Privacy Annual Certification Form 

NIP Awards

Awarded Entities

Fraud Reporting
Report any credible evidence of fraud, misuse of funds, or any other wrong doing to SC Housing or SIGTARP using the below contact information:

Internal Audit Division - SC Housing
300-C Outlet Pointe Blvd
Columbia, SC 29210
(803) 896-9001


Neighborhood Initiative Program Question Submittal Form