HUD sponsored

NSP Closeout Instructions Webinar - Part 1

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February 25, 2014 | 2:00 PM - 4:00 PM EST



On February 11, 2014, HUD published CPD Notice 2014-02, Closeout Instructions for Community Development Block Grant (CDBG) Programs Grants. The notice included instructions for the closeout of Neighborhood Stabilization Program (NSP) 1, 2, and 3 grants and describes closeout criteria; the steps HUD and a grantee will take in the closeout process; and specific issues related to program income, the 25 percent set-aside requirement, land banks, loan loss reserves, and record retention. HUD will host a webinar for NSP 1, 2, and 3 grantees to review the closeout instructions. Time will be made for questions and answers.

This webinar is designed for NSP grantees, staff, and partners.

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