About this ToolNSP Developer Agreement • May 17th, 2022
This document was prepared for the NSP toolkit. It applies to NSP 1 and NSP 2. It is intended for use by NSP Grantees as a template for preparing an Agreement with Developers for use of NSP funds to acquire, rehabilitate and lease with option to purchase homes; to demolish blighted single family homes and replace with new construction; and/or to acquire vacant land for redevelopment. It is intended to be used with the following companion documents: Sample NSP Single-Family Development and Sales Program Manual, Exhibit A to Single-Family Developer Agreement, Sample Lease Purchase Pro Forma and Sample Lease Purchase Policies and Procedures Manual.
