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HOME Policy Memos

HOME memos provide guidance on a specific subject.

2014

CPD Memo: System and Regulatory Changes to Eliminate First-In-First-Out Accounting in IDIS

The memo describes pending system and regulatory changes in IDIS that will significantly impact the administration of the CDBG, HOME, ESG, and HOPWA block grant programs. HUD OIG and OMB have determined that the First-In-First Oout accounting methodology used by IDIS does not comply with federal financial standards. In addition, the Government Accountability Office is requiring a change to the way that HOME commitments are calculated.

Date Published: May 2014

2012

  

CPD Memo: Voluntary Grant Reductions in Lieu of Repayment for Ineligible CDBG and HOME Activities 

The purpose of this memorandum is to outline the Office of Community Planning and Development's (CPD) policy for processing requests for voluntary grant reductions to resolve findings of noncompliance.

Date Published: May 2012

2011

  

CPD Memo: Repayment of HOME Funds Used for Ineligible Activities or Ineligible Costs and Return of HOME Funds to the Treasury Account 

This memo is intended to provide guidance regarding repayment of HOME funds expended for ineligible costs or activities and returning HOME funds drawn down in advance of or in excess of need.

Date Published: April 2011

2008

  

CPD Memo: Summary of Significant Changes Contained in HUD Notice CPD 07-06 

On June 1, 2007, the Office of Affordable Housing Programs (OAHP) issued HUD Notice CPD 07-06, Commitment, CHDO Reservation, and Expenditure Deadline Requirements for the HOME Program, superseding HUD Notice CPD 01-13. The purpose of this memo is to highlight some of the most significant changes between the two Notices.

Date Published: June 2007

2006

  

CPD Memo: Grant Reductions for Ineligible HOME Activities

The purpose of this memo is to outline a new policy for approving grant reductions for ineligible HOME activities and to explain why this new process is necessary.

Date Published: August 2006

CPD Memo: Joint CPD and FHA Memorandum on Cross-selling FHA programs 

This memo discusses that FHA regulations would not prohibit HOME downpayment assistance in conjunctions with FHA-insured financing under such a scenario.

Date Published: September 2006