When HOME Investment Partnerships Program (HOME) funds are combined with other federal programs, the impact can be greater than what any one program could achieve on its own. Participating Jurisdictions (PJs) should think carefully about how these programs can be combined in projects to achieve the greatest return for their resources. When using HOME with other funding sources, PJs are responsible for ensuring compliance with all of the HOME requirements over the HOME period of affordability. Some relevant federal programs include:
HUD has withdrawn this guidance.
Does the recently issued final rule on "Refinement of Income and Rent Determination Requirements in Public and Assisted Housing Programs" affect the way that PJs determine income-eligibility of HOME participants?
Date Published: February 2009
Can HOME funds be used in conjunction with the homeownership option of the Housing Choice Voucher Program?
Date Published: May 2001
Notice CPD-03-08: Using HOME Funds in Addressing the Challenges of Homelessness
This Notice provides guidance to Field Offices and PJs in the use of HOME Program funds to assist individuals and families who are homeless or at risk of homelessness.
Date Published: July 2003
This Notice provides guidance to PJs and private nonprofit organizations on using HOME funds together with HUD Continuum of Care homeless assistance funds under the Stewart B. McKinney Act programs.
Date Published: January 2001
Notice CPD-92-19: Using CDBG funds in implementing HOME Investment Partnerships and HOPE Programs
This Notice clarifies to what extent CDBG funds may be used to pay administrative costs of the HOME and HOPE programs.
Date Published: June 1992
CPD Memo: Joint CPD and FHA Memorandum on Cross-selling FHA Programs
Prior to May 2006, it was understood that FHA prohibited a downpayment assistance provider from using second mortgage liens or grant agreements which stated that the downpayment assistance provider is entitled to excess proceeds at foreclosure in the event a third party's bid exceed the FHA-insured first mortgage amount. This joint memo determines that FHA regulations would not prohibit HOME downpayment assistance in conjunctions with FHA-insured financing under such a scenario.
Date Published: September 2006
This Mortgagee Letter contains information to help lenders, State and local officials and nonprofit organizations use the FHA 203(k) Rehabilitation Mortgage Insurance Program in conjunction with housing grant programs, such as HOME, HOPE 3, and CDBG.
Date Published: April 1996
Comparison of Housing Trust Fund and the HOME Investment Partnerships Program Chart
The chart compares the Housing Trust Fund and the HOME Investment Partnerships Program.
Date Published: March 2015
HOME and CDBG: Working Together to Create Affordable Housing - Training Manual and Slides
This guide outlines the differences between HOME and CDBG and provides a detailed consideration of how to use HOME and CDBG funds to support rental housing, homeownership, rehabilitation, and comprehensive neighborhood revitalization projects.
Date Published: February 2012
HOME and NSP: A Guide for Effectively Combining Funding Sources
This guidebook is intended for HOME and NSP program managers and staff considering combining HOME and NSP funds in a project.
Date Published: January 2012
HOME and NSP: Creating Affordable Housing, Revitalizing Neighborhoods - Training Manual
This training course compares and contrasts the rules for the HOME Program and NSP program, and highlights the basic rules for each program. It also discusses possible approaches to homebuyer and rental housing activities, and briefly describes other federal requirements and administrative issues related to managing both programs.
Date Published: November 2009
HOME and Neighborhoods: A Guide to Comprehensive Revitalization Techniques
This guide reviews ways that HOME Participating Jurisdictions (PJs) can use HOME funds to meet local community revitalization goals and highlights the issues that HOME PJs must consider when planning for such use.
Date Published: September 2010
Long Term Affordability Using NSP and HOME Webinar
This webinar held on October 6, 2011 is intended for all NSP1, NSP2, and NSP3 grantees and their partners seeking information on HOME and NSP rules. This webinar examines how the HOME rules apply to NSP. Time is allowed following the webinar for any questions grantees may have regarding this topic.
Date Published: October 2011