NSP FAQ
Q

Is program income recorded as the net cash received from a sale of an NSP home, or is the income recorded as the sale price of the home being sold?

 

Date Published: October 2012

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A

The amount receipted as program income would be the net proceeds received by the grantee or subrecipient after all closing and other eligible fees are paid.

 


Tags: NSP Financial and Grants Management - Program Income

FAQ ID:

688