HUD Chart Provides Overview of Key Changes
On April 8, 2015, the U.S. Dept. of Housing and Urban Development (HUD) posted a chart reflecting some of the changes between the proposed National Housing Trust Fund regulations and the interim rule.
HUD revised several provisions in the National Housing Trust Fund (HTF) proposed rule and published an interim rule on January 30, 2015. HUD will solicit public comments once funding is available and the grantees gain experience administering the HTF program.
This chart is an overview of the key changes made to the HTF interim rule. Where possible, the HTF regulations were made consistent with those of the HOME Investment Partnerships (HOME) program final rule published on July 24, 2013.
The President’s fiscal year 2016 (FY16) proposed budget submitted to Congress on February 2015 estimates that $120 million will be available for distribution for the NHTF
Click here for the chart.