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Tuesday, October 23, 2012 - 1:15AM

The U.S. Department of Housing and Urban Development’s (HUD’s) Office of Community Planning and Development yesterday released the CPD Income Eligibility Calculator. The new tool is designed to help CPD grantees determine income eligibility and assistance amounts for beneficiaries of most CPD programs, including the Neighborhood Stabilization Program and the Community Development Block Grant, HOME and Section 108 Loan Guarantee programs. HUD said that grantees using the calculator will still need to collect, verify and file third-party documents and adhere to local policies and procedures.

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