HUD has published instructions on transferring program income
from the Neighborhood Stabilization Program (NSP) as authorized by the Notice of the Neighborhood Stabilization Program: Changes to Closeout Requirements related to Program Income (Program Income Notice)
published June 14, 2016 (FR 5933-N-01). In addition to this instruction manual, HUD has published Frequently Asked Questions Regarding the Transfer of NSP Program Income
to address the policy considerations related to completing the transfer.
Please contact your Community Planning and Development Representative or the NSP mail box at firstname.lastname@example.org, should you have any questions or concerns regarding the transfer instructions. For webinars and additional resources available on program income transfers and closing out NSP grants please visit the Neighborhood Stabilization Program page on the HUD Exchange. If you have not signed up for the NSP Mailing List, please do so on the HUD Exchange.