HUD previously defined the term "foreclosed" to apply only to properties where the foreclosure process was completed.

Properties will now be eligible for NSP assistance if any of the following conditions apply:

• The property is at least 60 days delinquent on its mortgage and the owner has been notified; or,
• The property owner is 90 days or more delinquent on tax payments; or,
• Under state or local law, foreclosure proceedings have been initiated or completed; or,
• Foreclosure proceedings have been completed and title has been transferred to an intermediary aggregator or servicer that is not an NSP grantee, subrecipient, developer, or end user.
  

The term "abandoned" was previously defined as a property that had been foreclosed upon and was vacant for at least 90 days.

HUD is now expanding the definition of an abandoned property to include homes where:

• No mortgage or tax payments have been made by the property owner for at least 90 days, or
  
• A code enforcement inspection has determined that the property is not habitable and the owner has taken no corrective actions within 90 days of notification of the deficiencies.