NSP Homeownership Toolkit

NSP homeownership tools are intended for grantees and their partners designing and implementing programs to assist low- to moderate-income homebuyers in purchasing a home through property development or individual financial assistance.

Find By Implementation Step

Program Setup

Toolkit resources categorized in the Program Setup phase are intended for use in the planning and program design phase of NSP projects. Resources include sample policies and procedures, program manuals, checklists, and sample agreements.

Assessing Your Homebuyer Development Program Design and Status

NSP Homebuyer Development Program Self-Assessment and Self-Guided Questionnaire

Guidance to help grantees running programs to develop homeownership properties in assessing internal process toward their single-family goals

Date Published: August 2010

Homeownership Program Sample Single-Family Developer Written Agreement, including Project Budget

NSP Homeownership Program Sample Single-Family Developer Written Agreement

Customizable template for a written agreement between a grantee and a developer for use when developing a single-family homeownership property

Date Published: August 2010

NSP Homeownership Program Sample Single-Family Developer Written Agreement: Exhibit B - Project Budget

Customizable budget template to be included in developer agreement for single-family homeownership properties

Date Published: August 2010

Sample Program Manuals

NSP Buyer Financing: A Buyer's Guide to Purchasing a Home with NSP Assistance

Customizable guide for grantees running programs to help individuals purchase homes to distribute to prospective homebuyers

Date Published: June 2011

NSP Buyer Financing: Program Administrator's Manual

Customizable program manual for grantees running programs to help individuals purchase homes

Date Published: June 2011

NSP Sample Single-Family Development and Sales Program Manual

Guidance related to carrying out a single-family development and sales program using NSP funds, and includes a set of policies and approaches that may be adapted to individual programs

Date Published: September 2010

NSP Homebuyer Development Program Manual: Attachment - Sample Agreement for Development and Sales of Single-Family Homes

Attachment to the Homebuyer Development Program Manual — sample agreement for use between a grantee and developer of single-family homes for sale

Date Published: August 2010

Soliciting and Selecting Contractors

RFP for NSP Single-Family Homebuyer Unit Development

Sample Request for Proposals (RFP) for use in soliciting developers to use NSP funds to develop single-family homebuyer units

Date Published: October 2010

Acquisition of Properties

Toolkit resources categorized in the Acquisition of Properties phase are intended for use by grantees and their partners who are using NSP funds to acquire property. Resources deal with such issues as property research, URA compliance, tenant protection and relocation, environmental review and more.

Assessing Your Acquisition Strategy

NSP Assessment Guide for Reviewing and Approving Acquisition Strategy for Single-Family Properties

Guide for assessing and improving acquisition strategy for single-family properties

Date Published: September 2010

General Guidance on Property Acquisition

NSP Property Acquisition Guide

Guide to complying with NSP requirements related to property acquisition

Date Published: September 2010

Sample NSP Property Acquisition File Checklist

Index of documents to be included in a paper file for a property being acquired under NSP

Date Published: September 2010

Underwriting, Financing, and Long-Term Affordability

Toolkit resources categorized in the Underwriting, Financing and Long-Term Affordability phase are intended for grantees and their partners who have acquired property and are financing their NSP project. Resources deal with such issues as applying for financing, pricing NSP homes to comply with NSP requirements, evaluating project feasibility, and more.

Financing and Long-Term Affordability Guides

Guide to Understanding Mortgage Financing for NSP-Assisted Homebuyers

Guide with information on ways grantees can help potential homebuyers successfully obtain permanent mortgage financing in their market

Date Published: May 2012

Guide to Using Interim Financing for NSP Activities

Short guide to help grantees understand and implement interim financing in their local neighborhood stabilization programs

Date Published: March 2012

Financing and Long-Term Affordability for NSP Homebuyer Programs

Guidebook with information on financing NSP-funded homebuyer programs and ensuring long-term affordability periods are met

Date Published: November 2010

NSP Sample Single-Family Pipeline Cash Flow Projection Workbook

Workbook tool for forecasting the costs of developing a pipeline of single-family homes as well as the amounts and kinds of financial resources that are needed

Date Published: December 2010

Homebuyer Intake and Certification

Homebuyer Sample Application Form for NSP

Workbook to determine prospective homebuyer's eligibility to purchase a home and receive homebuyer financial assistance in the form of a second mortgage

Date Published: September 2010

Homeownership Project Feasibility Analysis Template and Instructions

NSP Project Feasibility Analysis Template

Workbook to assess developer-driven homeownership project feasibility

Date Published: September 2010

NSP Project Feasibility Analysis Template Instruction Manual

Detailed instructions for Project Feasibility Analysis workbook, which helps the user assess the feasibility of a developer-driven homeownership project

Date Published: September 2010

Rehabilitation and Construction Management

Toolkit resources categorized in the Rehabilitation and Construction Management phase are intended for use by grantees and their partners who have acquired property and financed their NSP projects, and are building or rehabilitating units. Resources deal with inspection and rehabilitation and include information on green specifications.

Green Building Techniques

NSP Green Housing Development Guide

Guide for incorporating cost-effective green building standards into single-family housing development or rehabilitation programs

Date Published: August 2010

Rehabilitation Standards and Specifications

Sample NSP Housing Rehabilitation Checklist

Customizable template for grantees, nonprofits, and inspectors to use in identifying items to include in the detailed work write-up that becomes part of the contract documents

Date Published: July 2010

Sample NSP Single-Family Housing Rehabilitation Specifications, including Green Specs

Comprehensive library of sample specifications for single-family housing rehabilitation — includes a number of green building items

Date Published: July 2010

Sample NSP Single-Family Housing Rehabilitation Standard

Customizable template to create minimum performance standards for rehabilitation programs for one- to four-unit dwellings of three stories or fewer

Date Published: July 2010

Working with Rehabilitation Contractors

NSP Sample Single-Family Rehabilitation Contract

Sample contract between a rehabilitation contractor and a grantee or developer running a program to develop/rehabilitate homeownership properties or to rehabilitate single-family rental properties

Date Published: August 2010

Property Disposition

Toolkit resources categorized in the Property Disposition phase are intended for use by grantees and their partners who have already developed NSP-funded projects and are marketing, selling, renting, and lease-purchasing the units developed.

Marketing Your Homebuyer Development Program

Guide to Marketing and Selling NSP Homes

Guidance on marketing and selling NSP homes that were developed or renovated using NSP funds — includes an adaptable sample marketing plan and budget

Date Published: September 2010

Property and Occupancy Management

Toolkit resources categorized in the Property and Occupancy Management phase are intended for use by grantees and their partners who are carrying out day-to-day operations of the buildings and units developed with NSP funds. Resources deal with such issues as maintenance programs, rental management, income qualification, and more.

Income Qualification Tools

Guide to Completing NSP Income Certifications

Sample procedures for calculating household income to determine eligibility for NSP housing assistance

Date Published: March 2016

Program Administration

Toolkit resources categorized in the Program Administration phase are intended for use by grantees and their partners who are managing the activities carried out under NSP. Resources deal with project and financial management issues, and include sample checklists and activity logs.

Homeownership Program Project File Checklist

NSP Compliance Review Checklist for Homebuyer Projects

A list of monitoring questions to ask in assessing a project file to ensure compliance with NSP

Date Published: September 2010

NSP Homebuyer Program Case File Checklist

Simple checklist for use in homebuyer programs to ensure a case file contains the documentation necessary under NSP

Date Published: September 2010

Tracking Project Data

NSP Property Development Activity Log

Spreadsheet for subrecipients and developers to track NSP project data for their own data management purposes and to transmit to the NSP grantee

Date Published: August 2010

NSP Site and Rehabilitation Approval Request Form

Spreadsheet for tracking crucial information on property acquisitions

Date Published: August 2010