Date Published: March 2019
No. Only low- and moderate-income households may benefit from these activities because the statute specifically states, "(25) provision of direct assistance to facilitate and expand homeownership among persons of low and income ..." In addition, each of the five eligible activities identified above contain the language "low and moderate income homebuyers." Therefore, Section 105(a)(25) of the Housing and Community Development Act (HCDA) restricts homeownership assistance provided under 24 CFR 570.201(n) of the Entitlement CDBG regulations to low- and moderate-income homebuyers. Statutory requirements cannot be waived.