Stabilization Program

The Housing and Recovery Act of 2008 (HERA) authorized the use of Federal funds to stabilize communities suffering from foreclosure and abandonment of properties. The City of Jacksonville received $26 million dollars in HERA federal funds

Our responsibilities included the direct management of program participants who performed various functions pertinent to the program including those of construction, administration, accounting, legal, environmental and sustainability matters.

Prosser was charged with creating a management program and organizational structure to implement the program. Additionally, we were tasked with managing, programming, tracking and creating sustainable specifications for implementation and to meet Federal Guidelines. In conjunction with the Housing Association of Nonprofit Developers, our team developed the methodology for the program which included the following customized elements:

• Consultant and Contractor Management

• Liaison to regional banks

• Developed Custom Financial Tracking and Monitoring Systems

• Created Sustainable Construction Specifications based on Leadership in Energy and Environmental Design (LEED) and Florida Green Building Coalition (FGBC) criteria

• Developed Contract documents including General Conditions

• Developed construction tracking methodology

• Provided administrative counsel

• Provided Sales training and counsel

• Provided lender counsel and interface



nsp handbook


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