Housing Development Team
Keys to Affordable Housing
HOME Program
Overview

2008 HOME Application

The HOME Investment Partnerships program is committed to provide quality, affordable housing and to alleviate the problems of excessive rent burdens, homelessness and deteriorating housing stock. States are automatically eligible for HOME allocations and receive either their formula allocation or $3 million, whichever is greater. Oklahoma's allocation has been in excess of $12 million. Oklahoma Housing Finance Agency is the U.S. Housing and Urban Development  designated State HOME Participating Jurisdiction. The cities of Oklahoma City, Lawton, Norman and Tulsa Consortium are also designated PJs and receive direct annual allocations of HOME Program funds.

HOME funds are used to
Administer the HOME program
Provide development costs
Provide assistance for home purchase or rehabilitation
Assist low income renters

HOME funded projects must meet certain requirements regarding
Family income limits
Rent restrictions
Affordability period
HUD property value limits
Property standards
Matching requirements

Eligible applicants include
Non-profit organizations
Units of local governments
Indian tribes
Political subdivisions
CHDOs

 

221(d)(3)(ii) Limits
Application Materials
Home Rehab Lottery Winners
HUD HOME Program Primer
ADDI Guidance
Rent Limits
Income Limits
Utility Charts
Forms
Oklahoma CHDOs
1st Gold Rate
Technical Assistance
Training Opportunities