The primary purpose of the HOME Program is to expand the supply of decent, safe, sanitary, and affordable housing for very low-income and low-income households as determined per the Income Limits. U.S. Department of Housing and Urban Development provides annual funding to participating Jurisdictions (SDHDA) to develop their own programs in partnership with local governments, nonprofit organizations, and the private sector. The HOME Program provides funds to developers and/or owners for acquisition, new construction, and rehabilitation of affordable housing. The typical financing package would consist of 10% owner equity, 40% conventional loan and 50% HOME funds. The HOME funds are loaned at a 0% interest rate with variable repayment terms. HUD annually allocates over $3 million to SDHDA.HOME Program Allocation Plan Non-Fillable PDF
HTC Qualified Allocation Plan Non-Fillable PDF
HOME-HTC Application Form Fillable PDF
*You will need Adobe Acrobat to fill out the Application form.
In order to save the Application form, you will need to have Adobe Acrobat Professional 7.0
In order to save the Application form, you will need to have Adobe Acrobat Professional 7.0
HOME-HTC Application Form Non-Fillable PDF
HOME-HTC Pro Forma Excel Document
HOME Pro Forma Excel Document
A portion of the HOME funds are Set-aside for specialized housing opportunities as detailed under Set-Asides.
