NSP FAQ
Q

Does the requirement of setting aside 25% of funds to be expended for housing for individual households whose incomes do not exceed 50% of area median income apply to program income?

Date Published: October 2012

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A

Yes, NSP 1 and 3 grantees are required to expend no less than 25% of the initial grant award, plus any program income to assist households with income at or below 50% of area median.

 


Tags: NSP Financial and Grants Management - Program Income

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FAQ ID:

909