About this Guidebook
This Guidebook has been produced by HUD’s Office of Affordable Housing Programs (OAHP). OAHP administers HUD’s HOME Investment Partnerships Program (HOME) and the Housing Trust Fund (HTF). Each program is a formula block grant program:
- HOME is an affordable housing production program to expand the supply of affordable housing for low-income and very low-income (VLI) households. Funds are appropriated and distributed annually by formula to state and local governments, including consortia, that meet minimum allocation thresholds and criteria. These grantees are known as Participating Jurisdictions (PJs). See 24 CFR part 92.
- HTF is an affordable housing production program to increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely low-income and VLI households. HTF is a formula grant program for states. See 24 CFR part 93.
OAHP has produced this Guidebook to provide HOME PJs and HTF grantees with background information about the Opportunity Zones (OZ) program, and tools to facilitate the development of HOME- or HTF-assisted housing in the OZs.