Orange County NC Website
Browse       Search
Construction <br />a9- <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 />10