• CPD Notices
  • HUD Guidance

Notice CPD-98-02: Allocating Costs and Identifying HOME-assisted Units in Multi-Unit Projects (Supersedes CPD Notice 94-12)

Date Published: March 1998

Print
ShareThis

Description

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.

Resource Links


Tags: HOME
Author Organization
  • HUD
Resource Approver
  • HUD Approved