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All residential housing units built prior to 1978 and being considered for inclusion in the NSP program will be inspected by a licensed lead inspector . If lead is found exceeding the maximum safe amounts as specified by HUD and it is decided to proceed with acquisition and rehabilitation of the property , the lead will be abated based upon the direction of a lead inspector . The lead abatement process shall be included in the bid specifications . After the lead abatement has been completed , a clearance test will be performed by a licensed lead inspector . Abatement will proceed until clearance is obtained . 2 . RENTAL ASSISTANCE The local NSPLI (Neighborhood Stabilization Program Low Income ) Supplemental Allocation will be utilized to purchase and rehabilitate foreclosed , abandoned or blighted structures . These structures will be brought up to Section 8 Housing Quality Standards and made available as rental properties to households with a combined household income which is less than 50 % of the area median income (AMI) . All potential tenants will be required to go through the full client application process to determine eligibility and ranking . A portion of Regular NSP funds will be utilized to purchase and rehabilitate foreclosed , abandoned or blighted structures for rental to households with a combined household income which is less than 120 % of the area median income . All potential tenants will be required to go through the full client application process to determine eligibility and ranking . Any organization ( s) chosen through a request for proposal process to purchase , rehabilitate , own and manage NSP acquired rental properties must have at minimum of five ( 5 ) years experience in the management of federal or state funded rental properties . Each NSP rental property will be purchased by one of the selected non - profit or for profit organizations . On each rental property purchased and rehabilitated with NSP funds , the local government will place a promissory note and mortgage . The mortgage will be for the total amount of NSP funds expended on the property , and will be in perpetuity at a zero interest rate . The total amount of the mortgage will be due and payable to the County if title to the property transfers from the non-profit organization . A deed restriction will also be placed on the rental property , requiring that the property, remain affordable in perpetuity to the specified Area Median Income (AMI ) group that it is targeted to . All rents will be affordable based upon the tenant ' s income and HUD ' s Annual Fair Market rent limits . 7