NSP FAQ
Q

The NSP Program Income Notice states that NSP program income can be transferred to the Community Development Block Grant (CDBG) program. Can NSP program income be transferred to the HOME program or other grants also listed in the Integrated Disbursement and Information System (IDIS)?

Date Published: July 2016

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A

No. The Notice of the Neighborhood Stabilization Program: Changes to Closeout Requirements related to Program Income (Program Income Notice), published June 14, 2016, permits grantees under the NSP program who are also grantees under the CDBG program to transfer program income. The Program Income Notice does not apply to grant recipients under other CPD-funded programs, including the HOME program.


Tags: NSP Financial and Grants Management - Program Income

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FAQ ID:

2832