Forming a consortium is a way for local governments that would not otherwise qualify for funding to join with other contiguous units of local government to directly participate in the HOME Investment Partnerships Program (HOME) program.
In FY 2016, HUD approved 145 consortia Participating Jurisdictions (PJs). These PJs include among their members jurisdictions that are interested in taking a more regional, collaborative approach to meeting their affordable housing needs but whose individual formula allocations do not meet the minimum threshold for funding.
The representative of the consortium, also known as the lead entity, assumes overall responsibility for compliance with the HOME program requirements. As the PJ, the lead entity is responsible for the long-term affordability requirements of all projects developed by the consortium regardless of whether the consortium is still in existence. The consortium members should have confidence in the lead entity's ability to assume and maintain this responsibility on their behalf.
For more information on Consortia, see 24 CFR 92.101.
We listened to your feedback and made improvements to the site.