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24 <br />The HOME Program <br />In 1990, Congress enacted the HOME Investment Partnerships Act, better known as the HOME Program, in <br />an effort to provide a new approach to housing assistance at the federal level This federal housing block <br />grant would afford state and local governments the flexibility to find a wide range of housing activities <br />through creative and unique housing partnerships among states and localities, private industry, and nonprofit <br />organizations. <br />In order to receive future HOME Program funds, each housing activity must fall in line with the <br />following goals of the HOME Program: <br />To expand the supply of decent, safe, sanitary and affordable housing, with emphasis on <br />rental housing, for very low- and low- income citizens; <br />2. To strengthen the abilities of state and local govermments to design and implement strategies <br />for achieving adequate supplies of decent affordable housing; and <br />I To encourage public, private and nonprofit partnerships in addressing housing needs. <br />Eligible activities for HOME Program funding include (from the Federal Regulations): <br />• Acquisition ofproperty, (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; and <br />• Operating expenses for community housing development organizations., <br />CDBG / HOME Program Application 15 <br />January 2004 <br />