NSP FAQ
Q

What are examples of NSP-eligible marketing costs?

Date Published: October 2012

Print ShareThis

A

Examples of NSP-eligible marketing costs include, but are not limited to: printing and distribution of marketing materials; listing fees; home staging professional services; open house hosting; and realtor professional services. A realtor commission is an eligible NSP cost provided that the commission is reasonable and customary for similar types of projects in their community. These costs can be charged as project delivery costs or development costs depending on if a grantee, subrecipient, or developer is carrying out the activity. The NSP Policy Alert Guidance on Allocating Real Estate Development Costs in the Neighborhood Stabilization Program provides more information on charging these costs.


Tags: NSP Program Requirements - Marketing and Selling Properties

Links in This FAQ

FAQ ID:

871