The grant-specific version of the HOME Deadline Compliance Status Report (DCSR) is generated by HUD at the end of each month and reflects each HOME PJ’s expenditure requirements and deadlines.
On December 2, 2016, HUD published an interim final rule making changes with respect to HOME program commitment, community housing development organization (CHDO) reservation, and expenditure requirements. The rule became effective on January 3, 2017. Beginning with FY 2015 HOME allocations, HUD ceased using the cumulative method for measuring compliance with the requirement that Participating Jurisdictions (PJs) commit HOME funds within 24 months of obligation. Further, the Consolidated Appropriations Act of 2019 included a provision suspending the 24-month commitment requirement for CHDO set-aside funds, as well as continuing the suspension of the 24-month commitment requirement for regular HOME funds. Both deadline requirements are suspended through December 31, 2021.
As of a PJ’s deadline, all funds from the specific HOME allocation must be fully expended by no later than the deadline based on the expiration date of the grant. Any HOME funds not disbursed by the expenditure deadline will be recaptured by U.S. Treasury.
Note: HUD will continue using the cumulative method for determining compliance with the expenditure requirements for FY 2014 and earlier year HOME grants. These requirements are identified on the cumulative version of the HOME Deadline Compliance Status Report.
Please contact the HUD Exchange regarding any questions about these reports.
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