HOME memos provide guidance on a specific subject.
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 Out 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
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
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