Preserving the Affordability of NSP Funded Foreclosed Properties

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This report developed by Burlington Associates and the law firm of Goldfarb and Lipman for NCB Capital Impact outlines federal requirements for preserving affordability of NSP assisted homeownership units. The report describes specific legal and financial structures that jurisdictions might use to meet HUD requirements and preserve long term affordability and provides a template for describing such programs in a local or state agency’s submission to HUD requesting NSP Funds.

Click here to download the 2009 updated version of this report

Click here to download the 2008 version of this report.
2008 webinar recording here.