The Consolidated and Further Continuing Appropriations Act of 2012 and the Consolidated and Further Continuing Appropriations Act of 2013 imposed new requirements on 2012 and 2013 HOME Investment Partnerships Program (HOME) projects. The purpose of these requirements is to improve project and developer selection by Participating Jurisdictions (PJs) and to ensure that there is adequate market demand for 2012 and 2013 HOME projects.
The FY 2012 and FY 2013 Appropriation Laws imposed four key requirements:
PJs may not have reserved FY 2012 or FY 2013 HOME funds to a CHDO unless the PJ had determined that the CHDO had paid staff with demonstrated development experience. The PJ must have ensured that the current CHDO staff had experience developing projects of a similar size, scope and level of complexity as the activities for which HOME funds were being reserved or committed.
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