Common Contracts
1 similar null contracts
cuted a written agreement reserving a specific amount of funds to a commu-August 20th, 2014
This part implements the HOME In- vestment Partnerships Act (the HOME Investment Partnerships Program). In general, under the HOME Investment Partnerships Program, HUD allocates funds by formula among eligible State and local governments to strengthen public-private partnerships and to ex- pand the supply of decent, safe, sani- tary, and affordable housing, with pri- mary attention to rental housing, for very low-income and low-income fami- lies. Generally, HOME funds must be matched by nonfederal resources. State and local governments that become participating jurisdictions may use HOME funds to carry out multi-year housing strategies through acquisition, rehabilitation, and new construction of housing, and tenant-based rental as- sistance. Participating jurisdictions may provide assistance in a number of eligible forms, including loans, ad- vances, equity investments, interest subsidies and other forms of invest- ment that HUD approves.
