NSP FAQ
Q

Is it considered a conflict of interest when an NSP entity wishes to sell an NSP property to an income-eligible person (or a family member of a person) employed by the entity or another NSP entity?

Date Published: October 2012

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A

Maybe, NSP conflict of interest regulations prohibit NSP entities from selling a unit assisted under the program to their employees or their family members who exercise or have exercised any functions or responsibilities with respect to CDBG activities assisted under this part, or who are in a position to participate in a decision-making process or gain inside information with regard to such activities. Affected entities should contact their local HUD field office.  

NOTE: When Dealing with Conflict of Interest questions, it is recommended that you contact your local field office to ensure compliance with all applicable regulations. Specific facts vary greatly such that general advice has limited applicability.


Tags: NSP Program Administration - Conflict of Interest

FAQ ID:

516