HUD Publishes Chart Comparing Programs’ Features
On March 5, 2015, the U.S. Dept. of Housing and Urban Development (HUD) published a two-page chart comparing features of the National Housing Trust Fund (NHTF) and the HOME Investment Partnerships (HOME) program.
Eighteen categories of comparison are listed, such as minimum income targeting, maximum rents, affordability periods, and amounts allowed for homeowner activities.
Both the NHTF and HOME are block grants administered by the HUD Office of Community Planning and Development. The NHTF interim rule, issued by HUD on January 30, 2015, draws from the HOME program in areas where the NHTF statute is silent.
Click here for the chart.