- Tools and Templates
Date Published: August 2010
This component of the NSP Homeownership Toolkit is intended for grantees and their partners running programs to develop homeownership properties. It provides a customizable template for a written agreement between the grantee and developer. This document has been provided as a tool or template for use in creating a legal agreement that would constitute an obligation of NSP funds to a developer of single-family homeownership units.
An attachment, an adaptable project budget template, is also available.
There are two sample developer agreements for single-family homes on the NSP Resource Exchange. This version is a standalone agreement that can be adapted for individual NSP projects. Another sample agreement is available as an attachment to the Single-Family Development and Sales Program Manual, and may be used in conjunction with that manual.
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.