WebHOUSING AND COMMUNITY DEVELOPMENT DEPARTMENT . 2100 Travis St., 9th Floor . Houston, TX 77002 . Program Contact Information . HAP Customer Service 832-394-6200 . ... Affordability period refers to the required number of years the property must be the borrower’s primary residence. The HAP is made available for eligible homebuyers in the … WebCDBG-DR Period of Affordability – A period of not less than thirty-five (35) years and not more than forty (40) years during which certain rent and income restrictions apply to the operation of a Property, as established in a foreclosure-proof CDBG-DR Use Agreement. • Completed Projects –

Published Friday, December 15

http://www.laborcompliancegroup.com/cdbg/cdbg-home-guidebook/section-1-home-and-cdbg-basics.html Webrecommended that HUD consider defining invariable program requirements such as “affordability period,” which is the length of time a project is required to be affordable to low- and moderate-income households. An OIG audit found that a CDBG-DR grantee arbitrarily chose an affordability period that fullerton law office

Public and Affordable Housing Policy - What is CDBG-DR?

WebThe Community Development Department currently allocates CDBG funding to nonprofit agencies to provide public service, economic development, and housing activities for the low and moderate income persons/areas within the city limits of Jackson. ... Minimum period of affordability in years. Under $15,000: 5: $15,000 to $40,000: 10: Over $40,000: ... Webcommunity development needs, and to stay in compliance with Federal program rules. … Weba reasonable period of time(e.g., 30 days)after being notified by the Grantee, contract suspension or. ... Part 570 (the U.S. Housing and Urban Development regulations concerning Community Development Block Grants (CDBG)) including subpart K of these regulations, except that (1) the Subrecipient does not assume the recipient’s … ginger and bear