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HOMERFP–PY2021
AdditionalProjectRequirements
Pleasenotethisisnotacomprehensivelistofallprojectrequirements;however,itdoesprovide
guidanceonsomecommoncomponents.
Development
Paymentswillbemadeonareimbursementbasisonly(i.e.noupfrontpayme nts);
Applicantsarerestrictedfromundertakinganyphysi calorchoice‐limitingactions,including but
notlimitedtopropertyacquisition,demolition,movement,rehabilitation,conversion,repair,or
constructionuntilsatisfactorycompletionofanenvironmentalreview,evaluationbyTarrant
Countystaff,andareceiptofReleaseofFundsfromHUDunderCFRPart58;
Developmentapplicationsmustbesite‐specificasfunds can notbecommittedwithoutan
address.Evidencetheproposeddevelopmentispermittedunderexistingzoningandother
development‐relateddocumentationmayberequired;
Requirementsforthedevelopmentand implementationofHOMEunderwritingandsubsidy
layeringmustbefollowed;
Incertaincases,apreliminaryorfirmfinancingcommitmentfromaprivatelenderorother
financingsourcemayberequiredpriortoaward;
Anindependentmarketanalysismayberequired,aswellasarecenttenantsurveydetailingthe
socioeconomiccharacteristicsofcurrenttenants,particularlyinthecaseofacquisitionand/or
rehabilitationprojects;
Everycontractforconstruction(rehabilitationornewconstruction)ofhousingthatincludes12
ormoreunitsassistedwithHOMEfundsmustcontainaprovisionrequiringthepaymentofnot
lessthanthewagesprevailinginthe
locality,aspredeterminedbytheSecretaryofLabor
pursuanttotheDavis‐BaconAct(40U.S.C.3141)toalllaborersandmechanicsemployedinthe
developmentofanypartofthehousing.Suchcontractsmustalsobesubjecttotheovertime
provisions,asapplicable,oftheContractWorkHoursandSafetyStandardsAct(40U.S.C.3701);
DevelopmentsthatinvolvetemporaryrelocationmustmeettherequirementsoftheUniform
RelocationAssistanceandRealPropertyAcquisitionPolicies
Actof1970.Projectsrequiring
permanentrelocationwillnotbeconsideredforfunding;and
Acquisitionand/orrehabilitationofexistinghousingdevelopmentsaresubjecttolead‐based
painttesting,particularlyinunitsbuiltpriorto1978.
CommunityHousingDevelopmentOrganization(CHDO)OperatingExpenses
Paymentswillbemadeonareimbursementbasisonly(i.e.noupfrontpayme nts);
Eligiblecostsincludesalaries,wages,andotheremployee comp ensationandbenefits;employee
education,training,andtravelrelatedtoHOME;rent,utilities,communicationcosts,taxes,and
insurance;equipment,materials,andsupplies;
CHDOsarerequiredtodemonstrateanyoperatingbudgetshortfallsduetoCOVID‐19for
requestsover$50,000;and
Thesefundsmaynotbeusedtopayoperatingexpe nsesincurred byaCHDOactingasa
subrecipientorcontractorunderthisprogram.