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January 16, 2024 TO:All Bidders under Invitation to Bid No. 23101617FROM:Department of Purchasing and Contracting, DeKalb County, Georgia ADDENDUM NO. 1Invitation to Bid (ITB) No. 23101617 Neighborhood
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The proposed NSP budget summary is a document that outlines the planned financial allocations for the Neighborhood Stabilization Program (NSP) within a specific period. It summarizes how funds will be allocated to various activities aimed at addressing neighborhood blight and supporting community development.
Entities that receive NSP funding, including state and local governments, community development organizations, and other approved recipients, are required to file the proposed NSP budget summary.
To fill out the proposed NSP budget summary, organizations should gather their projected financial data, outline the proposed expenses for each category related to the NSP activities, and complete the budget form provided by the NSP guidelines, ensuring all required sections are accurately filled.
The purpose of the proposed NSP budget summary is to provide a clear financial plan that demonstrates how NSP funds will be utilized to achieve community development goals, ensure accountability, and facilitate oversight of spending.
The proposed NSP budget summary must report information including total budget amount, detailed budget line items, anticipated expenditures, and funds allocated for specific NSP activities such as housing, economic development, and community service programs.
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