- CPD Notices
- HUD Guidance
Date Published: March 1998Print ShareThis
Note: CPD Notice 16-15 supersedes CPD Notice 98-02.
This Notice supersedes CPD Notice 94-12.
This Notice provides guidance to participating jurisdictions (PJs) who will use HOME funds, in combination with other funds, to develop multi-unit rental and homeownership projects. Specifically, it provides guidance to HOME PJs on how to determine the minimum number of HOME-assisted units in such projects and how to allocate costs to the HOME Program for these types of development. This Notice also describes a PJ's option to designate and track HOME units through a system of "fixed" HOME rental units or "floating" HOME rental units.