NSP FAQ
Q

Does NSP have a requirement that NSP funds be recorded in a particular lien position?

Date Published: October 2012

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A

NSP does not have a requirement for NSP funds to be recorded in a particular lien position. However, grantees can adopt separate underwriting guidelines that limit the level of subordination of NSP funds permitted under their programs.


Tags: NSP Underwriting and Project Selection - Subsidy Layering

FAQ ID:

950