This rule changes the method by which HUD will determine participating jurisdictions' compliance with the statutory 24-month commitment requirement. Beginning with Fiscal Year (FY) 2015 grants, HUD will implement a grant-specific method for determining compliance with these requirements. This rule also establishes a method of administering program income that will prevent participating jurisdictions from losing appropriated funds when they expend program income.
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Changes to HOME Investment Partnerships (HOME) Program Commitment Requirement
This rule changes the method by which HUD will determine participating jurisdictions' compliance with the statutory 24-month commitment requirement. Beginning with Fiscal Year (...
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81 FR 86947
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“Changes to HOME Investment Partnerships (HOME) Program Commitment Requirement,” thefederalregister.org (December 2, 2016), https://thefederalregister.org/documents/2016-28591/changes-to-home-investment-partnerships-home-program-commitment-requirement.