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.
Overview of the HOME FY 2012 Appropriations Law Requirements Webinar
This webinar provides HOME Investment Partnership program grantees with an overview of the operating guidance for implementing the FY 2012 HOME Appropriation requirements. The training covers the four key requirements that apply to all FY 2012 Consolidated Plan and Annual Action Plan Projects. Note: This webinar was recorded for posting on the website and is not part of the “live” webinar series below.
Date Published: June 2012
Recent IDIS Changes Affecting HOME PJs Webinar
The webinar discusses open activity flags, an edit to the completion date for HOME activities, a revised commitment certification, a new CHDO certification, changes to HOME program income in IDIS, and the new PR 49 Deadline Compliance Status Report.
Date Published: June 2012
HOME FY 2012 Appropriations Law Requirements - Market Analysis Webinar
This webinar provides an overview of the FY 2012 Appropriations law requirement related to conducting a market assessment prior to funding HOME-assisted projects. It covers both homebuyer and rental project assessments and describes how HUD will apply the requirement. It also describes the required certification process in IDIS.
Date Published: June 2012
This webinar provides an overview of the FY 2012 Appropriations law requirement related to underwriting both individual homebuyers and turnkey homebuyer development projects, such as subdivisions or in-fill new construction. It also covers the requirement to assess the capacity of developers of homebuyer units, including how to assess fiscal soundness, experience, and potential risk.
Date Published: June 2012
HOME FY 2012 Appropriations Law Requirements - Deadline for Sale of Homebuyer Units Webinar
This webinar provides an overview of the new requirement that FY 2012 HOME homebuyer units that have not been sold within six months of completion must be converted to rental units. The webinar describes the requirement including how it applies to HOME projects, key definitions, IDIS tracking/reporting and HUD monitoring efforts.
Date Published: June 2012
This webinar focuses on how to comply with the FY 2012 Appropriations law requirement to underwrite HOME-assisted rental housing projects and assess rental developer capacity, including their experience, fiscal soundness, and risk. The webinar describes the IDIS certification process and HUD's expectations for the content, timing and documentation of these requirements.
Date Published: June 2012
HOME FY 2012 Appropriations Law Requirements - For PJs - Assessing CHDO Development Capacity Webinar
This webinar provides an overview for PJs of the FY 2012 Appropriations law requirement related to assessing and documenting CHDO development capacity. The webinar describes the requirement and its applicability to CHDO activities. It also describes the certification process and HUD's expectations for documentation. Finally, the webinar provides practical tips for PJs as they develop their CHDO assessment procedures, including how to assess track records, what constitutes CHDO staff, and the CHDO role. This webinar is intended for all HOME PJ staff.
Date Published: July 2012
This webinar provides an overview for CHDOs of the FY 2012 Appropriations law requirement related to assessing and documenting CHDO development capacity. The webinar describes the requirement and how it applies to CHDO activities. It also highlights the certification process and HUD's expectations for documentation. Finally, the webinar provides practical tips for CHDOs in assessing their own capacity and when needed, shoring up the necessary staffing, skills, partners or expertise. This webinar is intended for all CHDO staff, although PJs and other nonprofits are welcome to attend.
Date Published: July 2012
Post 2011 HOME Homebuyer Activities Reports
PJs can use this report to view homebuyer activities (1) that were set up in IDIS on or after August 23, 2013, in final draw status, or have more than 90 percent of the HOME funds drawn yet no draws have been processed in the past six months; or (2) that have activities with a 2012 or 2013 program year in IDIS that are in final draw status, or have more than 90 percent of the HOME funds drawn yet no draws have been processed in the past six months.
Post 2011 HOME Activities Reports
PJs can use this report to view and track activities subject to the 4-year project completion deadline in IDIS, including: activities that are open, activities in final draw, or completed activities.