HOME Regulations definition

HOME Regulations means the regulations at 24 CFR Part 92 governing the use of HOME funds, promulgated by HUD, including any subsequent amendments to such regulations.

HOME Regulations means the regulations at 24 CFR Part 92 governing the HOME Rental Housing Loan Program, promulgated by HUD, including any subsequent amendments to such regulations.

HOME Regulations means the regulations governing the HOME Rental Housing Loan Program, promulgated by HUD, including any subsequent amendments to such regulations.

Examples of HOME Regulations in a sentence

• 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.

• The Borrower shall manage, operate, and maintain the Property in accordance with this Agreement and shall maintain or cause to be maintained the interiors and exteriors of the Affordable Units in a decent, safe, and sanitary manner, and in accordance with the HUD Housing Quality Standards and the maintenance standards required by Section 92.251 of the HOME Regulations.

• Throughout the Term, the Borrower shall comply with all applicable record keeping and monitoring requirements set forth in (24 CFR Section 92.508) of the HOME Regulations and shall annually complete and submit to County a Certification of Continuing Program Compliance in the form attached hereto as CERTIFICATION OF CONTINUING PROGRAM COMPLIANCE (Exhibit E), and incorporated herein.

• 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.

• This Agreement will remain in effect for twenty (20) years from the date of closing for the Project and verification by County that all HOME assisted units are occupied by HOME eligible tenants, which is the period of affordability as determined under 24 CFR, Part 92 Section 252 of the HOME Regulations.

More Definitions of HOME Regulations

HOME Regulations means the regulations set forth in 24 C.F.R. Part 92.

HOME Regulations has the meaning set forth in Paragraph B of the Recitals.

HOME Regulations means those regulations set forth at 24 C.F.R., Part 92, as such regulations may be revised from time to time. A copy of the HOME Regulations will be kept on file with the City as a public record. The HOME Regulations shall, for purposes of this Agreement (including without limitation the attachments hereto) be deemed to include Section 3 of the Housing and Urban Development Act of 1968, 12 U.S.C. 1701u, as amended.

HOME Regulations means the implementing regulation of the HOME Program set forth at 24 CFR Section 91, et seq., as such now exist and as may hereinafter be amended.

HOME Regulations means the regulations, as the same may be amended from time to time, promulgated by HUD under the HOME Program and which regulations currently appear at Title 24 Part 92 of the Code of Federal Regulations.

HOME Regulations has the meaning set forth in Paragraph B of the (uu) "HOME/HOPWA Regulatory Agreement" means the Regulatory Agreement and Declaration of Restrictive Covenants of even date herewith, between the County and Borrower evidencing HUD requirements applicable to the Loan, to be recorded against the Development.

HOME Regulations has the meaning set forth in Paragraph C of the Recitals.