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HUD PUBLISHES PROPOSED HOME PROGRAM CHANGES

Friday, December 16, 2011 - 8:00AM

The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to amend its HOME Investment Partnerships program regulations. HUD says these changes would improve the HOME program’s performance and accountability by addressing operational challenges facing participating jurisdictions, particularly challenges related to recent housing market conditions and the alignment of federal housing programs. The proposal would also update property standards for housing assisted by HOME funds. The agency submitted the new regulations to Congress in November. Comments on the proposed rule are due February 14, 2012.

Questions about the proposed rule can be directed to Susan Wilson, CPA, at 512-340-0420 or [email protected].
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