Transcription of HOME and CDBG Guidebook - HUD Exchange
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HOME and CDBG Guidebook - HUD Exchange
Foreword One of the major priorities of the Department of Housing and Urban development (HUD) is the creation of affordable housing. The Department administers several Federal programs that assist state and local governments, as well as nonprofits and other partners, to develop affordable homeownership and rental units for low-income households. Two of the most important programs are the home Investment Partnerships Program ( home ) and the community development block Grant ( cdbg ) Program. Both home and cdbg are important resources in the local development of homes and communities. While sharing similar goals related to improving the living conditions of low-income families, each program differs in its eligible activities and requirements.
Community Development Block Grant (CDBG) Program. Both HOME and CDBG are important resources in the local development of homes and communities. While sharing similar goals related to improving the living conditions of low-income families, each program differs in its eligible activities and requirements.
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