Regulacje i polityka gospodarcza · 12/11/1996
HOME Investment Partnerships ProgramAdditional Streamlining
This rule proposes to streamline the HOME Program regulation by: replacing the hearing procedures of the current HOME rule with the Department-wide streamlined hearing procedures; removing the closeout requirements and instead providing that HOME funds will be closed out in accordance with procedures established by HUD; and replacing the extensive requirements for the competitive reallocation of HOME funds with a citation to the selection factors in the HOME statute and a statement of the maximum number of points that may be awarded for each factor. In addition, this rule invites comment on establishing a separate market interest rate formula for rehabilitation loans.