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Is it true that all NSP funds must be used to benefit households with incomes below 120% of the local Area Median Income?

April 26, 2017area benefit funds households incomes local nsp Used

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Is it true that all NSP funds must be used to benefit households with incomes below 120% of the local Area Median Income?

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Yes, all of the funds must benefit households with incomes below 120% of the Area Median Income (“AMI”). The more restrictive part is that 25% of these funds, the low-income set aside portion, must benefit households with incomes below 50% of the AMI. Please refer to pages 6-7 in the RFP for more information.