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HOME Program

The HOME Program, created by the National Affordable Housing Act of 1990, is a federal program designed to create partnerships among government entities and the private sector in order to make affordable housing available to low-income persons.

The North Dakota HOME program has two primary activities: home owner assistance and rental production/assistance. This is accomplished through four basic areas:

  • Homeownership assistance
  • Homeowner rehabilitation activities
  • Rental rehabilitation or production
  • Security deposits

Federal requirements target assistance to families whose Median Family Income (MFI) does not exceed 80% MFI in a given area (as defined by HUD Section 8 income guidelines). Further income targeting and rent controls are required when assisting rental housing units. See: 2016 HUD HOME Program Income Limits and 2016 HUD HOME Program Rent Limits.

HOME funds may be used as equity investments, interest-bearing loans or advances, non interest-bearing loans or advances, interest subsidies, deferred payment loans, and grants. Projects are required to have 25% match for the funds they receive and CHDO projects must have a minimum of 10% owner equity invested in the project.

If you could not find the answer you were looking for submit a question to our HOME staff.
 


Program Statements

2016 HOME Program Description Revision III
File Size: 290 kb

2016 HOME Program Description Revision II
File Size: 274 kb

2016 HOME Program Description
File Size: 277 kb

2015 HOME Program Description Revision IV
File Size: 229 kb

2015 HOME Program Distribution Statement Revision III
File Size: 229 kb

2015 HOME Program Description Revision II
File Size: 262 kb

2015 HOME Program Distribution Statement
File Size: 191 kb

Reply to HOME 2014 PDS Revision II Comments
File Size: 98 kb

2014 HOME Program Description Revision II
File Size: 461 kb

2014 HOME Program Description Revision 1
File Size: 394 kb

2014 HOME Program Description
File Size: 124 kb

2013 HOME Program Description Revision 1
File Size: 124 kb

2013 HOME Program Description
File Size: 129 kb

2012 HOME Program Description
File Size: 79 kb

2011 HOME Program Description
File Size: 83 kb

HOME Rental Application with Proforma with DCR.xls
File Size: 221 kb

HOME Annual Application Plan
File Size: 398 kb



Additional Resources
 
FY2016 HOME Homeownership Value Limits
File Size: 15 kb

FY 2015 Maximum Per Unit Subsidy Limits
File Size: 268 kb

Technical Guide for Determining Income in the HOME Program
link off site

Guide for Compliance in HOME Rental Projects
link off site

FY2015 HOME Homeownership Value Limits
File Size: 54 kb

Home Underwriting
File Size: 139 kb

Community Action Agency HOME Rehabilitation Checklist
File Size: 21 kb

Verification of Employment
File Size: 39 kb

Citizen Participation Plan
File Size: 274 kb

HOME Five Year Environmental Review Record
File Size: 208 kb

Tribal Consultation Notice
File Size: 254 kb

Section 3 Compliance.pdf
File Size: 445 kb

Search for Section 3 Businesses in North Dakota
link off site


 
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