NSP FAQ
Q

How is program income generated by rental units treated?

Date Published: October 2012

Print ShareThis

A

Program income is defined as gross income less costs incidental to generation of the income. Rental income received for properties owned by grantees and subrecipients is program income. Rental income received by private rental property owners is NOT program income.

 


Tags: NSP Financial and Grants Management - Program Income

FAQ ID:

962