NSP FAQ
Q

What properties can be redeveloped under NSP Eligible Use E - Redevelopment?

Date Published: October 2012

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A

In order for a property to be eligible under Eligible Use E, it must fulfill 2 conditions: the property (previously developed land, with or without structures) must be vacant; and it must be located in an area of greatest need, as identified in a grantee's NSP Substantial Amendment. It does not need to be abandoned or foreclosed. See the NSP Policy Alert Guidance on Property Types under Each NSP Eligible Use for more guidance.

 


Tags: NSP Redevelopment

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FAQ ID:

1109