[Logo: Homes and Communities: U.S. Department of Housing and Urban Development] Commmunity Planning and Development
[Vea la versión en español de esta página] [Contact Us] [Display the text version of this page] [Search/Index]
 
U.S. Department of Housing and Urban Development

Community Planning and Development
 - Affordable Housing
 - Training
 - - Instructor-led Training
 - - Web-based Training (HOME Front)
 - - Training Materials

HUD news

Homes

Resources

Communities

Working with HUD

Tools
Webcasts
Mailing lists
RSS Feeds
Help

[The U.S. government's official web portal]  

Key Actors in the HOME Program

- -
 Information by State
 Print version
 
-
ABC
-
 -   Eligible HOME Activities
 -   Key actors in the HOME program
 -   HOME financial operations
 -   Basic HOME provisions

The HOME Investment Partnerships Program is, by definition, about creating partnerships for affordable housing. Thus, any discussion of the HOME Program, its goals and objectives, and its opportunities and requirements inevitably revolves around numerous actors. The list below identifies many of the key actors involved in the HOME Program.

 -   Participating jurisdictions (PJs). These are state and local governments or consortia that serve as the primary entities designated by HUD to administer the HOME Program.

 -   State governments. Under the HOME Program, individual state governments can be designated as state participating jurisdictions and collectively receive 40 percent of the national HOME allocation each year.

 -   State recipients. Under the HOME Program, PJs can award their HOME funds to units of local governments, called State recipients, to run HOME locally.

 -   Local governments. Under the HOME Program, units of general local government - including cities, towns, townships, and parishes may be designated as local participating jurisdictions and collectively receive 60 percent of the national HOME allocation each year.

 -   Consortia. A group of local governments may choose to form a consortium, particularly when one or more members are not eligible to receive a formula allocation, or their formula allocation would not meet the minimum threshold for funding. A HOME consortium is a legal entity comprised of contiguous units of local government.

 -   Sub recipients. Under the HOME Program, a sub recipient is defined as a public agency or nonprofit organization that is selected by a participating jurisdiction to administer all or a portion of the PJ's HOME Program.

 -   Community Housing Development Organizations (CHDOs). A CHDO is a private, nonprofit organization that meets certain legal, organizational, and capacity qualifications prescribed in the HOME regulations. Participating jurisdictions evaluate the qualifications of an organization according to the regulations and certify it as a CHDO for the purposes of the HOME Program.

 -   Developers, owners, and sponsors. Individuals, for-profit entities, and nonprofits can participate in the HOME Program as owners, developers, or sponsors of affordable housing. CHDOs must act in one of these capacities in order to use the CHDO set aside.

 -   Private lenders. One of the primary goals of the HOME Program is to leverage private sector participation in affordable housing through the development of strong public/private partnerships. PJs are therefore required to make all reasonable efforts to maximize participation by private lenders and other members of the private sector when using HOME funds.

 -   Contractors. A PJ or sub recipient may contract with private for-profit contractors to operate all or part of its HOME program. Unlike public agencies or nonprofits, contractors must be procured through a competitive process in accordance with applicable Office of Management and Budget (OMB) procurement requirements.

 
Content current as of 13 July 2009   Follow this link to go  Back to top   
----------
FOIA Privacy Web Policies and Important Links  Home [logo: Fair Housing and Equal Opportunity]
[Logo: HUD seal] U.S. Department of Housing and Urban Development
451 7th Street S.W., Washington, DC 20410
Telephone: (202) 708-1112   TTY: (202) 708-1455
Find the address of a HUD office near you