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Date Published: March 2012Print ShareThis
This component of the NSP Toolkits is intended to provide NSP grantees and affiliates carrying out NSP-funded activities with information about interim financing. Interim financing can be a valuable technique for leveraging NSP resources, in turn allowing grantees and their affiliates to accelerate, expand, sustain, or otherwise enhance their impact. This tool describes interim financing, discusses the advantages and disadvantages of incorporating it into a grantee’s local neighborhood stabilization program, helps grantees to assess whether interim financing is a good fit for their activities, reviews key steps to implementing interim financing, and provides information on how interim financing can be obtained.
Disclaimer: All peer approved resources shared on the HUD Exchange have been provided by the organization that developed them. The documents have not been reviewed by HUD or its contractors for applicability, legality, or compliance with federal statutory and regulatory guidelines. The posting of these documents on the HUD Exchange is not intended as an endorsement of the documents by HUD or any of its contractors.
Please bear in mind that these documents were created by organizations based on their specific needs and objectives, and they may reflect local laws and policies. Grantees and their partners should go through their own process to develop policies and corresponding procedures that are appropriate locally and that are compliant with federal, state, and local law.