May 01, 2014
2:00 PM - 4:00 PM EDT
On April 22, 2014, HUD published the Neighborhood Stabilization Program (NSP) Closeout Guide to supplement CPD Notice 2014-02, Closeout Instructions for Community Development Block Grant (CDBG) Programs Grants. The Guide and the Notice provide instructions for the closeout of NSP 1, 2, and 3 grants by describing closeout criteria, the steps HUD and a grantee will take in the closeout process, and special closeout considerations.
On May 1 from 2:00 – 4:00 PM EDT, HUD will host a webinar designed to assist grantees in understanding the closeout instructions. This webinar is for NSP 1, 2, and 3 grantees and will cover special topics such as strategies for spending down lines of credit, post-closeout issues such as program income, land banks, and reporting, concerns unique to NSP2/3 and State grantees, and others. Time will be made for questions and answers.
For further information, access the Draft Notice CPD-14-02: Closeout Instructions for CDBG Programs Grants and the NSP Closeout Guide.
Topics: NSP: Neighborhood Stabilization Program