Notice CPD-16-15: Allocating Eligible Costs and Identifying HOME-Assisted Units in Multi-Unit HOME Rental and Homeownership Development Projects

Description

This Notice supersedes Notice CPD 98-02.

This Notice provides guidance to HOME participating jurisdictions (PJs) on the methods of conducting cost allocation in accordance with the HOME regulations at 24 CFR Part 92. PJs are required to perform cost allocation and identify the number and characteristics of units to be designated as HOME units for multi-unit rental or homebuyer HOME projects before entering into a commitment of HOME funds.

Resource Links

• Notice CPD-16-15: Allocating Eligible Costs and Identifying HOME-Assisted Units in Multi-Unit HOME Rental and Homeownership Development Projects (PDF)

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