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St. Clair County, IL Program Year 2021 HOME Investment Partnership Funding American Rescue Plan Allocation Plan Mark A. Kern, Chairman St. Clair County Charitable of Contents Page Introduction ..................................................................................................................................
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Who needs home investment partnership funding?
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Low-income individuals and families who are struggling to afford decent and safe housing.
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Developers or builders involved in the construction or rehabilitation of affordable housing projects.
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Public housing agencies responsible for managing and administering housing programs for low-income individuals and families.
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What is home investment partnership funding?
Home Investment Partnership funding is a federal program designed to provide grants to states and localities to create affordable housing for low-income households.
Who is required to file home investment partnership funding?
States and local governments that receive HOME Investment Partnerships Program funds are required to file and report on the use of these funds.
How to fill out home investment partnership funding?
To fill out home investment partnership funding forms, entities must collect the necessary information regarding project details, funding amounts, and compliance with regulations, and then complete the prescribed forms based on the guidelines provided by the U.S. Department of Housing and Urban Development (HUD).
What is the purpose of home investment partnership funding?
The purpose of home investment partnership funding is to provide financial assistance for the development, rehabilitation, and rental assistance of affordable housing for low-income families.
What information must be reported on home investment partnership funding?
Entities must report on the amount of funds received, the uses of those funds, the number of housing units created or rehabilitated, and the income levels of households served.
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