Examples of HOME Development in a sentence
A HOME Development and HOME loan that involves acquisition must include Rehabilitation or new construction in order to be an eligible Development.
In the case where the HOME Development contained occupied units at the time of acquisition, the initial submission will be due following the fiscal year within which the 12 month anniversary of the HOME loan closing is observed.
Any HOME Development* requiring further analysis by the Credit Underwriter pursuant to Rule Chapter 67-48, F.A.C., and this RFA will be subject to a fee based on an hourly rate determined pursuant to contract between the Corporation and the Credit Underwriter.
For purposes of this section the beginning of a HOME Development affordability period is the effective date on the first page of the HOME LURA.
A HOME Development and HOME loan that involves acquisition must include rehabilitation or new construction in order to be an eligible Development.
This correction process will apply to technical errors identified in supplemental applications for HOME, Development Fund, Housing Trust Fund, or any other IHCDA gap funding source.
This project was recently awarded$420,000 in new HOME Development funds.
Requests for waivers to this property eligibility criterion may be made to the HOME Development Officer.
To assure all HOME Homeowner Rehabilitation properties fulfill this requirement, Subrecipients may rely on the title search, or verify if a property has been assisted through the HOME Program by providing the property owner(s) name and address to the HOME Development Officer.
Adjusted Income” means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR 5.611 Section 61 of the Code.