HUD’s Office of Affordable Housing Programs (OAHP) in the Office of Community Planning and Development (CPD) published final changes on January 6 to the HOME Investment Partnerships (HOME) program regulations (see Memo, 5/20/24 and 5/28/24). While the final rule affects a number of areas pertaining to the HOME program, NLIHC’s comments regarding the proposed changes focused on only two areas. The final rule greatly strengthens tenant protections for renters living in HOME-assisted properties and makes improvements to the provisions concerning Community Housing Development Organizations (CHDOs). NLIHC will provide detailed descriptions of these improvements in next week’s Memo.
Find the final Federal Register version of the final rule at: https://tinyurl.com/4asbbd54
Find an easier to read version of the final rule at: https://tinyurl.com/yes7k39n
Read more about HOME on page 5-1 of NLIHC’s 2024 Advocates’ Guide.