Neighborhood Stabilization Program: Provides $1 billion to States and localities to combat the ugly impact on neighborhood of the foreclosure crisis - such as falling property values and increased crime - by rehabilitating, redeveloping, and reusing abandoned and foreclosed properties.

The base index for the 2011-2012 school year is 1.4 percent, but it can be adjusted higher, depending on a number of factors, such as property values and the personal income of district residents.

Issues such as crime, unstable property values, low quality rental stock, and high concentrations of poverty created by low-income housing projects, further deter people from choosing to live near work.

The Act 1 Index can be adjusted higher, depending on a number of factors, such as property values and the personal income of district residents.