HOME Program definition

HOME Program means the HOME Investment Partnerships Program authorized by Title II of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ National Affordable Housing Act, as amended (42USC 12701 et.seq.).

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HOME Program means the HUD funded HOME Investment Partnerships Program that provides formula grants to States and localities that communities use - often in partnership with local nonprofit groups - to fund a wide range of activities including building, buying, and/or rehabilitating Affordable Housing for rent or homeownership or providing direct rental assistance to low-income people. HOME is the largest Federal block grant to state and local governments designed exclusively to create Affordable Housing for Low-Income Households.

HOME Program means the program authorized by the Act as implemented by regulations promulgated by HUD at 24 CFR Part 92.

Examples of HOME Program in a sentence

• The City of Sunrise receives funds from the U.S. Department of Housing and Urban Development (HUD) through the Community Development Block Grant (CDBG) Program and HOME Investment Partnerships (HOME) Program, as well as funds from the Florida Housing Finance Corporation (FHFC) through the State Housing Initiatives Partnership (SHIP) Program.

• As a requirement of the HOME Program, the tenant is required to permit the annual inspection of the rental unit by staff of the Vermont Housing and Conservation Board or the HOME Program and the owner.

• RECOGNITION: AGENCY shall ensure recognition of the role of the State HOME Program in providing services through this Agreement.

• The disbursement of HOME Program Loan Funds shall occur within the normal course of CITY business (approximately thirty (30) days) after the CITY receives the Certification and Request for Reimbursement with correct supporting documentation and to the extent of annually allocated and available HOME Funds.

• The DEVELOPER shall only request a maximum of One Million Eight Hundred Thousand Dollars and 00/100 ($1,800,000.00) in HOME Program assistance for the HOME-assisted units.

More Definitions of HOME Program

HOME Program means the federal affordable housing program created under Title II of the ▇▇▇▇▇▇▇▇-▇▇▇▇▇▇▇▇ National Affordable Housing Act, Pub. L. 101 – 625, as the same may be amended from time to time.

HOME Program means the HOME Investments Partnerships Program established pursuant to Title II of the Cranston National Affordable Housing Act (42 U.S.C 1271 et seq.), with implementing rules and regulations set forth in 24 C.F.R. Part 92.

HOME Program means the HOME Investment Partnerships Program established by HUD pursuant to Title II of the Act.

HOME Program means a procedure established by the City and County for the use of funds made available from HUD through the Act to carry out multi-year housing strategies through assistance to first-time homebuyers and existing homeowners, property acquisition, improvements, tenant-based rental assistance, demolition, relocation expenses and other reasonable and necessary expenses related to the development of affordable housing for persons of low-income.

HOME Program means a program operated by the City to assist the provision of affordable housing in conformance with the HOME Regulations.

HOME Program means the HOME Investment Partnerships Program.

HOME Program means the federal HOME Investment Partnerships Program under which DHCD and the City make loans available to sponsors of certain types of affordable housing.