NSP FAQ
Q

Can I still serve households up to 120% Area Median Income with amounts earned in NSP program income after transferring the funds to the Community Development Block Grant (CDBG) program?

Date Published: July 2016

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A

No. Program income transferred from NSP to the CDBG program will be subject to all CDBG statutory and regulatory requirements and loses the NSP requirements as well as NSP flexibility. The CDBG program is restricted to serving households up to 80% Area Median Income and so transferred funds will be subject to this same restriction, and grantees will not be able to use transferred funds to serve households at 120% Area Median Income.


Tags: NSP Financial and Grants Management - Program Income

FAQ ID:

2846