• Data and Limits

FY 2017 HOME Match Historical Information

Date Published: May 2017

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Description

FY 2017 HOME Match Reductions - as of May 22, 2017

This list includes match reductions granted for FY 2017 due to fiscal distress, severe fiscal distress, and Presidential disaster declarations. For those HOME PJs with both fiscal distress and Presidential disaster match reductions, the PJ may take the higher match reduction for the current fiscal year.

Note: Since match reductions due to major Presidential disaster declarations are requested by PJs and granted by field offices at any time during the fiscal year, this list will be updated as needed.

Local Jurisdictions
When a local jurisdiction meets one of the distress criteria, it is determined to be in fiscal distress and receives a 50 percent reduction of match. If a local jurisdiction satisfies both of the distress criteria, it is determined to be in severe fiscal distress and receives a 100 percent reduction of match.

  • FY 2017 Calculations
    • FY 2017 individual poverty rate and per capita income (PCI) income were based on data obtained from the ACS 2010-2014 5-Year Estimates from Census. These were the latest data available at the time.
    • For a jurisdiction to qualify as distressed based on the poverty criterion, its percentage of persons in poverty must have been at least 19.9 percent, which is 125 percent of the average national rate for persons in poverty of 15.92 percent.
    • For a jurisdiction to qualify as distressed based on the PCI criterion, its average PCI must have been less than to $21,268 which is 75 percent of the average PCI of $28,357.

State Jurisdictions
For a state to qualify under the personal income growth rate criterion, the state's rate must be less than 75 percent of the average national personal income growth rate during the most recent four quarters.

  • FY 2017 Calculations
    • The FY 2017 personal growth rate was based on data received from the beginning of the fourth quarter of 2015 to the end of the fourth quarter of 2016. These were the latest data available at the time.

For a state to qualify as distressed based on the personal income growth rate, the state per capital income growth rate must have been less than 2.75 percent which is 75 percent of the average national personal income growth rate of 3.66 percent.

View the HOME Match topic page for data for all fiscal years, policy guidance, guidebooks, and templates and forms.


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