Notice CPD-12-003: Guidance on Resale and Recapture Provision Requirements under the HOME Program

Description

This Notice outlines the basic requirements for resale and recapture provisions in HOME Investment Partnerships (HOME) program homebuyer projects. This Notice also provides HOME participating jurisdictions (PJs) with guidance concerning the contents of acceptable resale and recapture provisions for HOME homebuyer projects, and the consolidated planning requirements of these provisions. In addition, the Notice provides HUD Field Office staff with guidance concerning their review and approval of the resale and recapture requirements contained in PJs’ consolidated plans.

Resource Links

• Notice CPD-12-003: Guidance on Resale and Recapture Provision Requirements under the HOME Program (PDF)