NSP FAQ
Q

Are NSP redevelopment activities restricted to housing, or can redevelopment also be for commercial or public facilities?

Date Published: October 2012

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A

Only NSP1 funds may be used to redevelop acquired property for nonresidential uses; redevelopment activities using NSP2 and NSP3 funds must be for housing NSP2 and NSP3 funds can be spent on public improvements only when it is essential to complete the housing project (connection of water lines, sidewalk, etc.). Mixed use development containing both residential and commercial uses may be an appropriate NSP activity for some jurisdictions if all parts of the activity that are funded by NSP meet a national objective.


Tags: NSP Redevelopment

FAQ ID:

1128