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
The purpose of this memorandum is to outline the Office of Community Planning and Development's (CPD) policy for processing requests for voluntary grant reductions to resolve findings of noncompliance.
Date Published: May 2012
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
On June 1, 2007, the Office of Affordable Housing Programs (OAHP) issued HUD Notice CPD 07-06, Commitment, CHDO Reservation, and Expenditure Deadline Requirements for the HOME Program, superseding HUD Notice CPD 01-13. The purpose of this memo is to highlight some of the most significant changes between the two Notices.
Date Published: June 2007
The purpose of this memo is to outline a new policy for approving grant reductions for ineligible HOME activities and to explain why this new process is necessary.
Date Published: August 2006
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