Orange County NC Website
Browse       Search
ATTACHMENT I -B <br />NATIONAL AFFORDABLE HOUSING ACT OF 1990 <br />Summary of Provisions <br />The National Affordable Housing Act of 1990 (NAHA) is significant change in the way the U.S. Department <br />of Housing and Urban Development (HUD) will operate housing assistance programs. All HUD programs <br />will be governed by the provisions of NAHA, including public housing, Section 8 rental assistance, and <br />Community Development Block Grants. The HOME program is only one part of this new federal housing <br />initiative. <br />The old Housing Assistance Plan (HAP) requirement has been replaced by a Comprehensive Housing <br />Affordability Strategy (CHAS), a strategic planning document that includes both a 5 -year projected <br />strategy and a 1 -year action plan. All programs funded under NAHA require that the applying jurisdiction <br />be governed by an approved CHAS. The other major new emphasis of NAHA is preferen <br />sponsors and applicants for funds under new programs. ce for non - profit <br />NAHA has nine titles, each for a different type of program: <br />Title I ....... Pur ses and Definitions <br />Title II ....... Investment in Affordable Housin <br />- -HOME Program <br />-- Community Housing Development Organizations (CHDO's) defined <br />Title III ...... National Homeownershi Trust (not funded) <br />-also FHA Single Family Mortgage Program Changes <br />Title IV ...... Homeownershi and urtfor Peo e EvO iciri,yhe re HOP <br />- -HOPE I for sale of Public Housing units to tenants <br />- -HOPE II for sale of foreclosed Multifamily Properties (owned by FHA, RTC, FmHA, or <br />NCHFA) to tenants <br />- -HOPE III for sale of single family properties owned by FHA, RTC, VA, or local housing <br />authorities to low income families through non - profit organizations <br />Title V ... Housing Assistance <br />-- Public Housing <br />- erection 8 Rental Assistance <br />Title VI ...... Preservation of Affordable Rental Housin <br />-- Provisions for prepayment of mortgages issued under Section 221 3 and Section <br />236• These mortgages are coming due and units are being converted dfrom low -cost to <br />market -rate rents. <br />Title VII Aural Housina " <br />-- Farmers Home Administration (FmHA) Programs <br />Title VIII ..... Housing, for Persons with S ial Needs <br />-Section 202 Housing for Elderly <br />- Section 811 Housing for Persons with Disabilities <br />-- McKinney Act Programs for Homeless Persons <br />- Sheller Plus Care for Homeless Persons with Special Needs <br />-- Housing for Persons with AIDS <br />Title IX ...... Commun f Develo meat Block Grants <br />