- Can NSP funds be used for households at 120% of the AMI?
Yes, NSP funds can be used for households up to 120% of the area medium income.
- How do we find the AMI in our area? Is there a website for AMI stats?
- How will points be allocated to projects in entitlement communities that have their own NSP allocation? Will points be deducted?
The State has prioritized areas of greatest in the following categories:
- Non-NSP grantees / non-entitlement communities
- Non-NSP grantees / entitlement communities (CDBG)
- NSP grantees / entitlement communities (CDBG)
- What is the exact dollar amount for AMI in the Chicago area?
The income limit for a family of four in the Chicago metro area at 50% AMI is $37,700. The income limit for a family of four in the Chicago metro area at 120% AMI is $90,500.
- Do income levels refer to geography or income of a participant?
In most cases, income levels refer to the income of the beneficiary household. In activities such as land banking in which a direct beneficiary is not initially known, the activity must be shown to benefit a defined geographic area that is both
primarily residential and where at least 51% of residents earn no more than 120% of the area median income, known as an "area benefit."