NSP FAQ
Q

What can NSP fund?

Date Published: February 2013

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A

NSP funds are intended to stabilize neighborhoods. To achieve this, grantees can use NSP funds to:

  • Establish financing mechanisms for purchase and redevelopment of foreclosed homes and residential properties (Eligible Use A);
  • Purchase and rehabilitate homes and residential properties abandoned or foreclosed (Eligible Use B);
  • Establish land banks for foreclosed homes and residential properties (Eligible Use C);
  • Demolish blighted structures (Eligible Use D);
  • Redevelop demolished or vacant properties (Eligible Use E).

View additional information about the NSP program on the NSP resource page on the OneCPD Resource Exchange.


Tags: NSP Program Requirements - Eligible Activities/Uses

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FAQ ID:

845