Interim Policy on Maximum Per-unit Subsidy Limits for the HOME Program

HUD recently issued the following notice which establishes alternate maximum, per-unit subsidy limits for the HOME Investment Partnerships Program due to the discontinuation of the Section 221(d)(3) mortgage insurance program. HUD Field Office staff and HOME participating jurisdictions must follow this interim policy until HUD publishes a regulation which establishes new maximum per unit subsidy limits for the HOME Program.

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