Date Published: October 2012
In general, costs incurred for a failed acquisition are eligible for payment with NSP funds. HUD understands that an NSP grantee may investigate the acquisition of a property and incur costs before acquiring it, but then decide that the acquisition is not feasible. Additionally, if contractors and/or developers incurred costs associated with the site (e.g.: surveys, engineer reviews, inspections, etc.), then these expenses are also eligible for payment.