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Attachment 1 <br /> The HOM E Program <br /> In 1990,Congress enacted the HOM E I nvest ment Part nershi ps Act, better known asthe HOM EProgram, <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 awide 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 HOM EProgram: <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 /> Bigible activitiesfor HOM EProgram funding include: <br /> • Acquisition of property(including assistance to homebuyers) <br /> • New construction <br /> • Reconstruction <br /> • Conversions <br /> • Moderate rehabilitation of non-luxury housingwith suitable amenities <br /> • Tenant-based rental assistance <br /> • Relocation of displaced persons,families, businesses, or organizations <br /> • 9te 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 expensesfor Community Housing Development Organizations <br /> Attachment page B of J <br /> Do not submit this page <br />