View Rule

View EO 12866 Meetings Printer-Friendly Version     Download RIN Data in XML

HUD/CPD RIN: 2506-AC50 Publication ID: Spring 2019 
Title: ●HOME Investment Partnerships Program: Program Updates and Streamlining (FR-6144) 
Abstract:

HUD's HOME Investment Partnerships Program (HOME program) provides formula grants to States and units of local government to fund a wide range of activities directed to producing or maintaining affordable housing, both homes and rental housing. This rule proposes several changes to the existing HOME program regulations. HUD will propose changes to certain HOME program requirements, including Community Housing Development Organization requirements and property standards applicable to acquisition projects and rehabilitation projects. In addition, HUD will propose certain changes to facilitate the investment of HOME funds in housing located in Opportunity Zones. Specifically, HUD is contemplating extending the deadline for the sale of HOME funded homebuyer units in Opportunity Zones and extending the deadline for occupancy of HOME assisted units for HOME funded rental units in Opportunity Zones. HUD also seeks to implement certain HOME program statutory changes made by recent appropriation laws including change related to community land trusts, notice requirements for tenant evictions, and allowable gross rent for units occupied by Housing Choice Voucher holders. 

 
Agency: Department of Housing and Urban Development(HUD)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Other 
CFR Citation: 24 CFR 92   
Legal Authority: 42 U.S.C 12701 to 12839    42 U.S.C. 3535(d)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  12/00/2019 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Local, State 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Virginia Sardone
Director, Office of Affordable Housing Programs, Office of Community and Development
Department of Housing and Urban Development
Office of Community Planning and Development
451 Seventh Street SW,
Washington, DC 20410
Phone:202 708-2684