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The program is commonly referred to as the Home Investment or Home Partnership Program, and is often operating in conjunction with other housing and other urban development programs, such as the CDBG program. Its federal identification number, or CFDA number, is 14.239. [1]
The program will provide a 3-to-1 match up to $12,000, and these loans may be used for a down payment or closing costs. For example, if the homebuyer invests $500, the County will match $1,500 and ...
The HOME Investment Partnerships Program, another community block grant program, was created by Congress in 1990 and authorized as Title II of the Cranston-Gonzalez National Affordable Housing Act. [7] Similar to CDBGs, a consolidated plan is required prior to distribution of HOME funds. [14]
Communities often use program funds in partnership with local nonprofit groups to fund various activities that build, buy, and/or rehabilitate affordable housing for rent or homeownership or provide direct rental assistance to low-income people. HOME is authorized under Title II of the Cranston-Gonzalez National Affordable Housing Act, as ...
(The Center Square) – Federal home improvement grants worth $5.3 million went out this week to eight counties in Pennsylvania's rural northern tier. The HOME Investment Partnerships Program ...
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DHCR administers various programs aimed at developing, rehabilitating, and preserving affordable housing in the state. Programs include the Mitchell–Lama Housing Program, federal Low-Income Housing Tax Credit and State Low-Income Housing Tax Credit, which offers tax incentives to encourage private investment in affordable housing; the federal HOME Investment Partnerships Program of the HTFC ...
Iowa City's South District Investment Partnership Program is helping to provide low-income residents with the opportunity to own a home.