HOMEfires Vol. 9, No. 4: Guidance on the HOME Maximum HOME Per-Unit Subsidy Limits: Higher Statutory Exceptions to the Maximum Section 221(D)(3) Mortgage Amounts (Revised)

Description

Can Participating Jurisdictions (PJs) use the higher statutory exceptions to the maximum Section 221(d)(3) mortgage amounts, authorized by Section 221 of the General Provisions of Title II, Division K of the FY 2008 Appropriations Act, to determine their maximum HOME per-unit subsidy limits? HUD has issued a revised HOMEfires to provide more clarity on the procedures for establishing the maximum HOME per-unit subsidy limits.

Resource Links

• HOMEfires Vol. 9, No. 4: Guidance on the HOME Maximum HOME Per-Unit Subsidy Limits: Higher Statutory Exceptions to the Maximum Section 221(D)(3) Mortgage Amounts (Revised) (PDF)