NSP FAQ
Q

What is the maximum sales price of an NSP-assisted homebuyer property?

Date Published: October 2012

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A

The sale price to the individual household under NSP is capped at the total development cost or appraised value, which ever is less. Note that all costs for an NSP project must be considered reasonable according to the requirements outlined in OMB Circular A-87.


Tags: NSP Program Requirements - Appraisals and Property Valuation

FAQ ID:

485