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26 <br /> Construction <br /> Attachment 1 <br /> The HOME Program <br /> In 1990, Congress enacted the HOME Investment Partnerships Act, better known as the HOME <br /> Program, in an effort to provide a new approach to housing assistance at the federal level. This <br /> federal housing block grant would afford state and local governments the flexibility to find a wide <br /> range of housing activities through creative and unique housing partnerships among states and <br /> localities, private industry, and nonprofit organizations. <br /> Each housing activity must fall in line with the following goals of the HOME Program: <br /> 1. To expand the supply of decent, safe,sanitary and affordable housing,with emphasis on rental housing,for <br /> very low-and low-income citizens; <br /> 2. To strengthen the abilities of state and local governments to design and implement strategies for achieving <br /> adequate supplies of decent affordable housing;and <br /> 3. To encourage public,private and nonprofit partnerships in addressing housing needs. <br /> Eligible activities for HOME Program funding include: <br /> • Acquisition of property(including assistance to homebuyers); <br /> • New construction; <br /> • Reconstruction; <br /> • Conversions; <br /> • Moderate rehabilitation of non-luxury housing with suitable amenities; <br /> • Tenant-based rental assistance; <br /> • Relocation of displaced persons,families,businesses,or organizations; <br /> • Site improvements,acquisition of vacant land and demolition(under special conditions); <br /> • Project soft costs; <br /> • Administration/planning(for qualified Community Housing Development Organizations);and <br /> • Operating expenses for community housing development organizations. <br /> 11 <br />