HOME Program definition

HOME Program means the HOME Investment Partnership Program set forth in the HOME Investment Part- nerships Act under title II of the Cran- ston-Gonzalez National Affordable Housing Act, as amended, 42 U.S.C. 12701 et seq.;

HOME Program means the HOMEInvestment Partnership Program set forth in the HOME Investment Partnerships Act under title II of the Cranston-Gonzalez National Affordable Housing Act, as amended, 42 U.S.C.12701 et seq.;

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.

Examples of HOME Program in a sentence

• Housing assisted with HOME Program funds under this Agreement shall be maintained to meet U.

• The County has received funds from the United States Department of Housing and Urban Development (HUD) pursuant to the federal government's HOME Investment Partnership (HOME) Program, 42 U.S.C. § 12701, et seq., to be used for the purposes of this Agreement in accordance with the HOME Regulations.

• Pursuant to 24 CFR Part 92, Section 205, HOME Program funds may be used by the Borrower for eligible relocation expenses.

• Housing assisted with HOME Program funds under this Agreement must meet the requirements described in 24 CFR, Part 92, Section 252 of HOME Regulations and are to be maintained as “affordable” to low-income households pursuant to the following, commencing at initial rent-up, as set forth in Section 401 and 402 of this Agreement.

• The Borrower must implement this Project in conformance with HOME Program requirements as described in Section 307 of this Agreement and Subpart H of the HOME Regulations, 24 CFR Part 92, Section 350 et seq.

More Definitions of HOME Program

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

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.

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

HOME Program means a procedure established for the use of funds made available from HUD through the Act to carry out multi-year housing strategies through assistance to first-time home and existing home owners, property acquisition, rehabilitation and new construction of housing, site improvements, tenant-based rental assistance, demolition, relocation expenses and other reasonable and necessary expenses related to the development of affordable housing.