Research requirements

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Showing 1–20 of 40 results · 2 match every term, 38 related

• federalUnited StatesHOMEReview limitations
  An over-income HOME tenant may remain but the rent treatment changesRequirement excerpt: When an existing tenant no longer qualifies as low-income, the general HOME rent rule uses the lesser of the amount payable under state or local law or 30 percent of adjusted income. Exceptions matter: a HOME unit subject to LIHTC rent…Read conditions and sources →
• federalUnited StatesHOME
  HOME income targeting applies across the participating jurisdiction’s fiscal-year rental assistanceRequirement excerpt: The participating jurisdiction must direct HOME funds made available in a fiscal year so that at least 90% of assisted rental families or assisted rental units meet the HUD-adjusted 60%-of-area-median income ceiling. Eligibility is measured…Read conditions and sources →
• federalUnited StatesFiled under: LIHTCRelated — matches some termsReview limitations
  A vacant accessible unit must be offered first to a current occupant who needs it, then to a waiting list applicant who needs itRequirement excerpt: Owners and managers of projects with accessible units must adopt suitable means to ensure that information about the availability of accessible units reaches eligible individuals with disabilities, and must take reasonable nondiscriminatory…Read conditions and sources →Shared-program reference: its applicability mentions HOME. Open the rule to check the remaining conditions.
• federalUnited StatesHOMERelated — matches some termsReview limitations
  A participating jurisdiction may accept the rental subsidy provider's income determination for a HOME unit assisted by project-based or tenant-based Federal rental assistanceRequirement excerpt: Where a family is applying for or living in a HOME-assisted rental unit and the unit is assisted by a Federal or State project-based rental subsidy program, the participating jurisdiction may accept the public housing agency's, owner's or…Read conditions and sources →
• federalUnited StatesFiled under: LIHTCRelated — matches some termsReview limitations
  Accessible units must be distributed through the site and offer a comparable range of sizes and amenitiesRequirement excerpt: Accessible dwelling units must, to the maximum extent feasible and subject to reasonable health and safety requirements, be distributed throughout projects and sites, and must be available in a sufficient range of sizes and amenities that a…Read conditions and sources →Shared-program reference: its applicability mentions HOME. Open the rule to check the remaining conditions.
• federalUnited StatesHOMERelated — matches some termsReview limitations
  Rent for a HOME unit must not exceed the applicable High or Low HOME rentRequirement excerpt: Use the HOME rent provisions governing the project, its High or Low HOME designation, applicable utility allowance and jurisdiction-approved rent. The ordinary High HOME ceiling is the lesser of FMR or the HUD amount based on 65 percent of…Read conditions and sources →
• federalUnited StatesHOMERelated — matches some terms
  HOME construction contracts covering 12 assisted units require prevailing-wage provisionsRequirement excerpt: A rental-housing construction or rehabilitation contract covering at least 12 HOME-assisted units must include applicable Davis-Bacon prevailing-wage and overtime provisions. HOME funding of construction or nonconstruction project costs can…Read conditions and sources →
• federalUnited StatesFiled under: HCVRelated — matches some terms
  For a LIHTC or HOME unit a rent comparison is not required unless the requested rent exceeds the program rentRequirement excerpt: For a unit receiving low-income housing tax credits under section 42 or assistance under the HOME program, a rent comparison with unassisted units is not required if the voucher rent does not exceed the rent for other LIHTC- or…Read conditions and sources →Shared-program reference: its applicability mentions HOME. Open the rule to check the remaining conditions.
• federalUnited StatesFiled under: HCVRelated — matches some terms
  A voucher holder in a restricted unit does not change the unit's program rent limitRequirement excerpt: Where a household with a tenant-based voucher occupies a unit restricted under LIHTC, HOME or HTF, the program rent limit continues to apply to the gross rent for that unit; the voucher determines how the rent is split between the household…Read conditions and sources →Shared-program reference: its applicability mentions HOME. Open the rule to check the remaining conditions.
• federalUnited StatesHOMERelated — matches some terms
  The affordability period runs for the term set by the per-unit HOME investmentRequirement excerpt: HOME rental housing must remain affordable for 5, 10, 15 or 20 years depending on the average per-unit amount of HOME funds and the activity type, enforced by deed restriction, covenant or other mechanism, and the period is not reduced by…Read conditions and sources →
• federalUnited StatesFiled under: LIHTCRelated — matches some termsReview limitations
  New construction must provide 5 percent mobility accessible units and an additional 2 percent for hearing or visionRequirement excerpt: New multifamily housing projects developed with HUD assistance must be designed and constructed to be readily accessible to and usable by individuals with disabilities. A minimum of five percent of the total dwelling units, or at least one…Read conditions and sources →Shared-program reference: its applicability mentions HOME. Open the rule to check the remaining conditions.
• federalUnited StatesFiled under: LIHTCRelated — matches some termsReview limitations
  Substantial alteration of a 15-unit-or-larger project triggers the full new construction scopingRequirement excerpt: Where alterations are undertaken to a project of 15 or more units and the cost of the alterations is 75 percent or more of the replacement cost of the completed facility, the alteration is a substantial alteration and the new construction…Read conditions and sources →Shared-program reference: its applicability mentions HOME. Open the rule to check the remaining conditions.
• federalUnited StatesHOMERelated — matches some terms
  HOME units must be identified as fixed or floating and the mix maintainedRequirement excerpt: The participating jurisdiction and owner must designate HOME units as fixed or floating in the written agreement. Where units float, the owner must maintain the required number and configuration of HOME units over time, substituting…Read conditions and sources →
• federalUnited StatesHOMERelated — matches some terms
  HOME units must be occupied by income-eligible households at initial occupancyRequirement excerpt: Every HOME-assisted rental unit must be occupied by a household whose annual income at initial occupancy is at or below 80 percent of area median. In projects of five or more HOME units, at least 20 percent must be occupied by households at…Read conditions and sources →
• federalUnited StatesFiled under: LIHTCRelated — matches some terms
  Federally assisted properties must provide accessible units and reasonable accommodationsRequirement excerpt: Properties receiving federal financial assistance must make 5 percent of units accessible to persons with mobility impairments and an additional 2 percent accessible to persons with hearing or vision impairments, maintain a policy for…Read conditions and sources →Shared-program reference: its applicability mentions HOME. Open the rule to check the remaining conditions.
• federalUnited StatesHOMERelated — matches some termsReview limitations
  HOME income reexaminations follow the governing rules and PJ-approved methodRequirement excerpt: During the affordability period, annual owner income reexamination is the general rule, using the method selected by the participating jurisdiction in the written agreement. Under the 2025 provisions, the jurisdiction may permit the…Read conditions and sources →
• federalUnited StatesHOMERelated — matches some termsReview limitations
  Remaining tenants retain the HOME unit or assistance after qualifying lease bifurcationRequirement excerpt: After a family separates through lease bifurcation under 24 CFR 5.2009(a), remaining tenants may stay in the HOME-assisted rental unit or retain their HOME tenant-based rental assistance. For tenant-based assistance, the participating…Read conditions and sources →
• federalUnited StatesHOMERelated — matches some termsReview limitations
  The HOME jurisdiction decides emergency-transfer eligibility and supplies a property listRequirement excerpt: The participating jurisdiction must develop and implement a plan meeting 24 CFR 5.2005(e) and determine tenant qualification. Its policies must require a list of properties with HOME-assisted units for qualified tenants seeking an external…Read conditions and sources →
• federalUnited StatesHOMERelated — matches some terms
  Tenants must receive at least 60 days written notice before a rent increaseRequirement excerpt: The owner must provide tenants of HOME-assisted units not less than 60 days prior written notice before implementing any increase in rents. Increases must also comply with outstanding leases.Read conditions and sources →
• federalUnited StatesHOMERelated — matches some termsReview limitations
  A participating jurisdiction may accept a written statement of family size and annual income from the administrator of public assistance that examines the family's income each yearRequirement excerpt: Where a family applying for or living in a HOME-assisted rental unit, or applying for or renewing HOME tenant-based rental assistance, is assisted by a form of Federal, State or local public assistance that examines the annual income of the…Read conditions and sources →