2013 HOME Final Rule
Overview of the 2013 HOME Final Rule
HUD published a Final Rule in the Federal Register on July 24, 2013 to amend the HOME Investment Partnerships (HOME) Program regulations. These amendments to the HOME regulations represent the most significant changes to the HOME Program in 17 years.
The HOME Program is the largest federal block grant program for affordable housing. It provides funding to State and local governments for rental and homebuyer housing development, homebuyer (downpayment) assistance, homeowner rehabilitation assistance and tenant-based rental assistance. Since its inception, many HOME participating jurisdictions (PJs) have encountered new challenges in administering their programs and in managing their growing portfolios of older HOME projects. These challenges have been intensified by recent housing and credit market conditions. Over the years, HUD has invested significant time and resources in helping jurisdictions operate affordable housing programs and correct financial and physical problems that threaten the viability of HOME-assisted housing.
Informed by what HUD and HOME PJs have learned over the years, HUD made significant changes to the HOME program regulations with the overall goal of providing PJs and their partners with regulatory guidance to enhance the efficiency and effectiveness of the HOME Program in the context of a more complex housing and community development environment.
For More Information
Click on the links below for additional information about the HOME Final Rule:
- 2013 HOME Final Rule, 24 CFR Part 92 (Complete Rule)
- 2013 HOME Final Rule, 24 CFR Part 92 (Changes Only)
- Highlights of the Changes in the 2013 HOME Final Rule
- Section by Section Summary of the 2013 HOME Final Rule
- The 2013 HOME Final Rule and the 2012/2013 HOME Appropriations Acts
- The 2013 HOME Final Rule Effective Dates
- HOME Webcasts
In the coming weeks and months, HUD will continue to provide guidance and additional resources to PJs, Community Housing Development Organizations (CHDOs), and program participants on specific aspects of the new requirements. The additional resources include: HUD Notices, webcasts, live webinars, updated publications, and various in-person training opportunities. Please sign up for the HOME Mailing List to be notified when each resource becomes available.
Submit Questions to OneCPD Ask a Question
Questions about the HOME Final Rule can be submitted to OneCPD Ask a Question. On “Step 2” of the question submission form, please select HOME: HOME Investment Partnerships Program under the "My question is related to" field.