HOME Program

E132393

The HOME Program is a federal U.S. housing initiative that provides grants to states and localities to create affordable housing for low-income households through activities like building, buying, and rehabilitating homes or providing direct rental assistance.

All labels observed (1)

Label Occurrences
HOME Program canonical 1

How this entity was disambiguated

Statements (49)

Predicate Object
instanceOf United States government program
federal housing program
administeredBy United States Department of Housing and Urban Development
surface form: HUD

United States Department of Housing and Urban Development
surface form: U.S. Department of Housing and Urban Development
administersFundsTo local participating jurisdictions
states
allows consortiums of local governments to qualify as participating jurisdictions
authorizationYear 1990
authorizedBy Cranston-Gonzalez National Affordable Housing Act
benefitType homeownership assistance
housing rehabilitation assistance
rental housing assistance
canBeCombinedWith Community Development Block Grant program
Low-Income Housing Tax Credit
country United States of America
surface form: United States
encourages leveraging of non-federal resources
partnerships with nonprofit housing developers
fullName HOME Investment Partnerships Program
fundingMechanism formula allocation
fundingSource federal appropriations
fundingType federal block grant
fundsCanBeUsedFor acquisition of housing
homebuyer assistance
new construction of housing
owner-occupied rehabilitation
rehabilitation of housing
tenant-based rental assistance
incomeRestriction assistance must primarily benefit low-income households
legalCitation Cranston-Gonzalez National Affordable Housing Act
surface form: Title II of the Cranston-Gonzalez National Affordable Housing Act
levelOfGovernmentEligible insular areas
local governments
states
monitoredBy Office of Community Planning and Development
surface form: HUD Office of Community Planning and Development
policyArea community development
housing
provides grants to local governments
grants to states
purpose create affordable housing for low-income households
expand the supply of decent and affordable housing
strengthen public-private partnerships in housing
reportingRequirement participating jurisdictions must submit Consolidated Plans
participating jurisdictions must submit annual performance reports
requires long-term affordability restrictions on assisted units
matching contributions from participating jurisdictions
written agreements with project owners
statutoryFocus affordable rental housing production and preservation
support for first-time homebuyers
targetPopulation low-income households
very low-income households

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.