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The HOME Program is governed by five basic requirements that apply to all types of affordable housing undertaken with HOME funding:
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Subsidies - The forms and amounts of subsidy available under the HOME Program. |
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Costs - The types of costs eligible under the HOME Program. |
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Properties - The types of properties eligible to receive HOME assistance. |
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Beneficiaries - The eligible beneficiaries of HOME funds. |
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Affordability - The requirements regarding the long-term affordability of HOME-funded projects. |
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