• HOME Facts
  • HUD Guidance

HOME FACTS Vol. 6, No. 2: HOME IDIS Grant Based Accounting Changes

Date Published: June 2015

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Description

This issue of HOME FACTS explains and illustrates the process of committing and disbursing HOME funds in IDIS, including changes due to the implementation of grant based accounting for fiscal year (FY) 2015 and subsequent HOME grants. This document focuses on funds in Participating Jurisdictions’ (PJs’) HOME Investment Trust Fund Treasury accounts; a subsequent HOME FACTS will address the use of funds deposited in PJs’ HOME Investment Trust Fund Local accounts and receipted in IDIS, including program income (PI), repayments to the local account (IU), and recaptured homebuyer funds (HP).

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Tags: HOME IDIS
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  • HUD
Resource Approver
  • HUD Approved