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Establishing and Managing a Successful HOME Consortium

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HUD-2006-08 CPD

Establishing and Managing a Successful HOME Consortium provides technical and operational advice to existing and prospective HOME consortia, and answers critical questions about the management and implementation of HOME Program activities.

Forming a consortium enables local governments that would not otherwise qualify for HOME program funding to join with other units of local government to receive a direct allocation of HOME funds. Working collaboratively through a consortium also enables these jurisdictions to take a more regional approach to meeting their affordable housing needs.

Although a consortium is subject to the same HOME requirements as a local government participating jurisdiction, a consortium faces a number of challenges that other local PJs do not face. This guide addresses the range of issues that prospective and existing consortia must consider, including: forming a consortium, obtaining and renewing consortium status, key HOME regulatory requirements, the responsibilities of the lead entity, strategic decisions for consortium, and the seven habits of highly effective consortia.


 
Content current as of 14 September 2009   Follow this link to go  Back to Top   
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