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NSP Resource Exchange Weekly Bulletin

HUD Updates NSP FAQs
In October 2012, HUD published a comprehensive update of the NSP FAQs. Revisions made to the FAQs include adding clarifying or updated guidance, combining similar FAQs, and removing outdated information. FAQs that are currently available address the following topics:

  • 25% set-aside
  • Affordability Period
  • Amendments
  • Appraisals and Property Valuation
  • Conflict of Interest
  • Counseling of Homeowners
  • Demolition
  • Developer and Subrecipient Oversight
  • DRGR
  • Eligible Costs
  • Eligible Uses and Activities
  • Employment Opportunities
    (Section 3)
  • Energy Efficiency and Energy Star
  • Environmental Review
  • Financial Assistance Models Structuring
  • Green Building and Sustainability
  • Homebuyer Program Design and Implementation
  • Labor Standards and Davis Bacon
  • Land Banks
  • Lease Purchase
  • Marketing and Selling Properties
  • Monitoring and Compliance
  • Procurement
  • Program Income
  • Purchase Discount
  • Recapture and Resale
  • Redevelopment
  • Relocation and Acquisition
  • Rental Program Design and Implementation
  • Subsidy Layering and Combining Financing Sources
  • Tenant Rights and Tenant Protections

FAQs related to land banks and demolition are currently being developed.

The NSP FAQs Archive contains all FAQs posted prior to October 2012. Note that some of the FAQs in the archives contain outdated information. In addition, note that Federal Register Notices and Policy Alerts have greater authority than FAQs. Grantees should ALWAYS review published policy and consult with their local HUD Field Office before they base a programmatic decision on an FAQ. View the current NSP FAQs on the NSP Resource Exchange FAQs page.

Submit DRGR Technical Questions Using the OneCPD Resource Exchange Ask A Question (AAQ)
Starting September 27, 2012, NSP grantees with a DRGR technical and/or functional question should submit the question using the OneCPD Resource Exchange Ask A Question. Grantees and partners with NSP policy related DRGR questions should continue to submit those questions and other NSP questions to the NSP Resource Exchange Ask a Question. HUD will transition the NSP Ask a Question to the OneCPD Resource Exchange in late 2012. Learn more about the OneCPD AAQ launch.

HUD Announces Green Academy Training
HUD is pleased to announce the launch of a new training series. HUD’s Green Academy is an exciting pilot initiative that will offer green building training to HUD grantees and other affordable housing organizations. Trainings will take place in various locations across the country from October 2012 - February 2013. The first training in HUD's Green Academy series will be held in Boston, MA from October 1-5, 2012. For more information about these trainings and registration information, visit HUD's Green Academy webpage.

NSP1, NSP2, and NSP3 Commitment and Drawdown Data Report
Cumulative commitments and drawdowns for NSP1, NSP2, and NSP3 grantees as of October 1, 2012 are available on the NSP Resource Exchange. This data is updated weekly. View the data here.

Correction to September 18, 2012 NSP Weekly Bulletin
The September 18, 2012 NSP Weekly Bulletin mistated the NSP3 50% expenditure deadline. NSP3 funds must be 50% expended by the second anniversary of the grant award, not the third anniversary. 


Effective Use of NSP2 Program Income Webinar Recording and Transcript - September 18, 2012 
This webinar is intended for NSP2 grantees and partners but is relevant and open to all NSP grantees and partners interested in NSP2 and program income. The webinar highlights options and good practices for effective use of program income, including using program income to manage and maintain programs after close-out. A question and answer session follows the presentation. View the resources at the NSP Learning Center.


FHWA URA Statutory Changes Webinar
October 4, 2012 1 p.m. EDT Online

NSP Spending Strategies Webinar
October 18, 2012 2-4 p.m. EDT Online
Income Calculator - Part 1 Webinar
October 30, 2012 2-4 p.m. EDT Online
Income Calculator - Part 2 Webinar
November 6, 2012 2-4 p.m. EST Online
NSP Expenditures, DRGR, and QPRs Webinar
January 8, 2013 2-4 p.m. EST Online
Q&A and NSP Deadline Webinar
January 31, 2013 2-4 p.m. EST Online

View the NSP Resource Exchange events calendar for more webinars and events happening in a community near you.

Coconut Cove Complex in Cape Coral, FL

NSP Home in Cape Coral, FL An 8 unit multi-family complex for households at or below 50% area median income (AMI) was constructed in Cape Coral, FL with funding from the City of Cape Coral Florida NSP1 program. The complex is LEED Platinum certified and was developed by Southwest Florida Affordable Housing Choice Foundation 

Photo Courtesy of: City of Cape Coral, FL




City’s most environmentally friendly house unveiled; more possibly on the way
September 18, 2012 – The News Herald
Wyandotte, MI – Wyandotte’s greenest house is also among its most affordable. This NSP bungalow features geothermal energy and sustainable building materials.
City Unveils rehabbed homes on Banklick Street
September 18, 2012 –
Covington, OH – In Covington, rehabilitated NSP homes are providing young professionals with comfortable, urban living.
Program to stabilize neighborhoods continues in Gwinnett
September 25, 2012 – WSB Radio
Lawrenceville, GA – Equipped with two rounds of NSP funding, Gwinnett County will empower and house nearly 200 working families.


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