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This document is an application form for the Community Development Block Grant (CDBG) and the HOME Investment Partnership Program for the fiscal year 2012, intended for organizations seeking funding
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How to fill out CDBG HOME Investment Partnership Program FY 2012 Application

01
Review the application guidelines provided by the CDBG HOME Investment Partnership Program.
02
Gather all required documentation, including financial statements, project proposals, and eligibility criteria.
03
Complete the application form section by section, ensuring all required fields are filled accurately.
04
Provide detailed project descriptions, including objectives, timelines, and budget estimates.
05
Check for any additional requirements or attachments that need to be included.
06
Review your application for accuracy and completeness before submission.
07
Submit the application by the deadline specified in the program guidelines.

Who needs CDBG HOME Investment Partnership Program FY 2012 Application?

01
Municipalities and local governments seeking funding for affordable housing projects and community development initiatives.
02
Non-profit organizations involved in housing and homelessness prevention efforts.
03
Developers interested in building or rehabilitating affordable housing units.
04
Community-based organizations aiming to improve local infrastructure and services.
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People Also Ask about

Unlike loans, grants don't have to be paid back, which can provide much-needed flexibility for organizations. Once a nonprofit receives a grant, they are more likely to receive grants from others, as their reliability and dependability have been established.
Repayments are CDBG funds that a grantee must repay when funds are disbursed for an ineligible activity. Prior to making a repayment, grantees must consult with their local HUD Field Office to determine the procedure to be followed.
If CDBG funds are spent, but the project is not finished within a reasonable period of time, HUD will determine that no National Objective was met and will require that all funds expended be repaid out of non-federal dollars.
The HOME program allows its key stakeholders (States and local governments) the discretion to determine the type of housing product they will invest in, the location of the affordable housing, and the segment of their low-income population to be served through these housing investments.
Two stated goals of the HOME program are to leverage federal affordable housing funds by encouraging state, local, and private investment in affordable housing activities, and to increase the capacity of states and localities to meet their affordable housing needs.
The loan is forgiven incrementally, such as forgiving one-fifth of the loan each year over five (5) years until the end of the repayment term. At the end of the repayment term, the repayment amount is reduced to zero, and the recipient has paid a total of zero dollars.

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The CDBG HOME Investment Partnership Program FY 2012 Application is a form used by jurisdictions to request funding under the Community Development Block Grant (CDBG) program for affordable housing initiatives and community development projects.
Cities, counties, and other eligible jurisdictions that are seeking federal funds for housing and community development projects are required to file the CDBG HOME Investment Partnership Program FY 2012 Application.
To fill out the CDBG HOME Investment Partnership Program FY 2012 Application, jurisdictions must follow the guidelines provided by the U.S. Department of Housing and Urban Development (HUD), which include completing required sections, providing necessary documentation, and ensuring compliance with program regulations.
The purpose of the CDBG HOME Investment Partnership Program FY 2012 Application is to apply for federal funds to support local efforts in improving affordable housing and addressing community development needs such as infrastructure, public services, and economic revitalization.
Information that must be reported includes the applicant's budget, project descriptions, objectives, anticipated outcomes, demographics of beneficiaries, and compliance with federal regulations regarding fair housing and environmental assessments.
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