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HOME match waiver put in doubt by HUD.

The Department of Housing and Urban Development has indicated they will interpret the HOME match waiver to apply to funds expended contrary to the intent of the legislation. Such an interpretation by HUD would negate a need for the waiver and skew the HOME program away from a local block grant with maximum flexibility.

This strict interpretation is part of a HUD strategy to discredit the program before it begins in order to seek additional funding for the Homeownership for People Everywhere (HOPE). HOME regulations, which will contain the formula used to determine the allocation funds, won't be completed until mid-November at the earliest. Cities cam expect to receive HOME funds in March.

Approximately 387 jurisdictions, including 37 consortia, will receive HOME funds. If a waiver only applies to the funds spent, a situation is created where HOME funds can only be used for tenant assistance.

In a meeting with NLC and other public interest groups, Kevin Kelly, Staff Director for the Senate Appropriations Subcommittee on VA/HUD-Independent Agencies, said the intent is to apply the waiver to funds appropriated and that the appropriate measures will be undertaken to ensure HUD complies with that intent.
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Title Annotation:HOME Investment Partnerships; Department of Housing and Urban Development
Author:Barreto, Julio
Publication:Nation's Cities Weekly
Article Type:Brief Article
Date:Nov 4, 1991
Words:195
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