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Attachment 1 <br />The HOME Program <br />In 1990, Congress enacted the HOME Investment Partnerships Act, better known as the HOME Program, <br />in an effort to provide a new approach to housing assistance at the federal level. This federal housing <br />block grant affords state and local governments the flexibility to fund a wide range of housing activities <br />through creative and unique housing partnerships among states and localities, private industry, and <br />nonprofit organizations. <br />Each housing activity must fall within the following goals of the HOME Program: <br />1. To expand the supply of decent, safe, sanitary and affordable housing, with emphasis on rental <br />housing, for very low- and low-income citizens; <br />2. To strengthen the abilities of state and local governments to design and implement strategies <br />for achieving 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) <br />• Operating expenses for Community Hosing Development Organizations <br />Page 11 of 19 <br />