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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)


Date Published: August 2008


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.

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