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Subsidy Layering Review Lead Office: USDA-RD Participating Offices: Treasury-IRS, USDA-RD, HUD-MF, HADOPI, HUD-CPD Prepared by: Larry Anderson — USDA Rural Development Issue Statement: The Housing

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What is subsidy layering review?

Subsidy layering review is a process that determines whether multiple subsidies are being layered on a single project or property.

Who is required to file subsidy layering review?

Developers, owners, or managers of affordable housing projects are required to file subsidy layering review.

How to fill out subsidy layering review?

Subsidy layering review can be filled out by providing detailed information about the project, including all sources of funding and subsidies.

What is the purpose of subsidy layering review?

The purpose of subsidy layering review is to ensure that projects receiving multiple subsidies are not over-funded and that resources are being used efficiently.

What information must be reported on subsidy layering review?

Information such as sources of funding, amount of subsidies, project costs, and any other financial details must be reported on subsidy layering review.

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