Meeting the 25% Set-Aside for Low-Income Persons NSP Webinar
May 18, 2010
This webinar held on May 18, 2010 provides information on the requirement that at least 25% of an entire NSP award amount must create housing for low-income residents (at or below 50% of Area Median Income, or AMI). This training covers eligible NSP uses and activities; strategies to meet the set-aside requirement; partnership strategies; typical uses of NSP funds; structuring home sales programs; structuring rental programs; structuring special needs programs; LIHTC project considerations; developer incentives; obligations; tracking and recordkeeping; timeliness; and technical assistance availability.
Related Materials and Resources
Housing and Urban Development (HUD)