NSP FAQ
Q

Does program income have a 25% low-income set-aside requirement?

Date Published: February 2013

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A

Yes, the 25% low-income set aside requirement applies to:

  • The initial NSP allocation;
  • Any program income received from NSP 1 (PI received after the Unified NSP1 and NSP3 Notice was issued October 19, 2010) and NSP3 activities. NSP2 program income is expected to be included in this requirement, effective the date of the NSP Closeout Notice, to be issued in the Fall of 2012.

Tags: NSP Program Requirements - 25% Set Aside

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FAQ ID:

390