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Maryland County Asked to Return, Justify HOME Funds
Prince Georges County, MD is asked to return $2.4 million in ineligible HOME Investment Partnerships Program spending, justify or repay another $1.3 million, and reprogram $4.7 million for eligible spending by HUD's Office of Inspector General (OIG). The OIG's report says the county failed to prope...
posted 8/14/12 5:13 PM read complete story
HUD Courses to Help HOME Participants Use CDBG Funds
HUD is offering two-day technical assistance courses to help HOME Investment Partnerships program participating jurisdictions (PJs) use HOME and CDBG funds to create affordable housing. Participants must have at least 5 years' experience in running HOME or CDBG programs; have passed the HOME Certi...
posted 5/22/12 11:06 AM read complete story
Panel Extends HUD Deadline to Submit HOME Documents
The House Financial Services' oversight and investigations subcommittee amended its plan to subpoena HUD for documents pertaining to the HOME Investment PartnershipsProgram. The panel has extended the deadline to June 20. HUD prior to the hearing said it had provided the subcommittee with documents...
posted 5/16/12 3:30 PM read complete story
House Panel May Subpoena HUD for HOME Documents
The House Financial Services' oversight and investigations subcommittee will vote onwhether it should subpoena long-sought documents from HUD concerning thedepartment's administration of the HOME Investments Partnership Program. A 2p.m., May 16 hearing is set to determine the panel's next step. HOM...
posted 5/15/12 12:52 PM read complete story
HUD Offers HOME Guidance for FY 2012 Projects
HUD provides participating jurisdictions with HOME Investment Partnerships Program guidance on implementing new requirements for FY 2012 projects. The congressionally mandated requirements include conversion of FY 2012 HOME homeownership units to HOME-assisted rental units if they have not...
posted 5/11/12 10:19 AM read complete story
Binghamton, NY Uses Grant to Ease HOME Cuts
Binghamton, NY can count itself among the fortunate cities able to use state grants to help ease the pain of massive cuts in their HOME Investment Partnership Programs. City officials this week announced the availability of $600,000 in state Affordable Housing Corporation (AHC) funding they plan us...
posted 4/20/12 11:06 AM read complete story
Final HOME, Trust Fund Rules Out This Summer
A final rule updating the HOME Investment Partnerships Program and a final rule for the National Housing Trust Fund is expected late this summer, says Marcia Sigal, director of the Program Policy Division in HUD's Office of Affordable Housing Programs. Sigal updated an audience March 26 at the Na...
posted 3/27/12 1:04 PM read complete story
HUD Asked to Change Proposed HOME Rule
The Council of State Community Development Agencies (COSCDA) wants HUD to change its proposed HOME Investment Partnership Program plan to require Community Housing Development Organizations (CHDOs) to have paid employee staff with experience rather than using consultants. HUD proposed this and othe...
posted 2/21/12 12:24 PM read complete story
HUD's Proposed Rules for HOME Prompt Concerns
Members of the affordable housing community are concerned that HUD's proposed rules for the HOME Investment Partnerships Program could limit participation by Community Housing Development Organizations (CHDOs). National Low-Income Housing Coalition (NLIHC) officials at a Jan. 23 bri...
posted 1/24/12 11:51 AM read complete story
New HOME Rules Speed Preservation of At-Risk Rentals
HUD's proposed rule updating the HOME Investment Partnerships Program offer a new section aimed at expediting preservation of rental projects at risk of foreclosure. The National Low-Income Housing Coalition (NLIHC) includes the change as one of many for interested parties to consider when filing c...
posted 1/24/12 10:16 AM read complete story
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