Laserfiche WebLink
CITY OF SANTA ANA <br /> <br /> <br /> <br /> <br /> <br /> <br />New construction costs eligible for HOME funding shall be as specified in 24 CFR Part 92, including: <br /> <br />(1) Site acquisition; <br />(2) Site preparation costs (grading, filling, etc.); <br />(3) Financing costs as described in 24 CFR 92.206; <br />(4) Architectural, engineering, and other related soft costs; <br />(5) The cost of extending or upgrading utilities to the site to support the proposed project; <br />(6) Construction costs; <br />(7) Relocation costs; and, <br />(8) Affirmative marketing and audit costs related to HOME program requirements. <br />Rehabilitation costs eligible for HOME funding include: <br /> <br />(1) Project acquisition with or without rehabilitation; <br />(2) Financing costs, as described in 24 CFR 92.206; <br />(3) Architectural, engineering, or other design costs; <br />(4) Utility upgrade or extension costs; <br />(5) Costs associated with demolition (where necessary) only if rehabilitation is commenced within <br />12 months of demolition; <br />(6) Construction costs; <br />(7) Project audit costs; and, <br />(8) Affirmative marketing costs. <br />Ineligible Uses and Activities <br />The following costs are not eligible for HOME funding: <br /> <br />(1) Project reserve accounts for replacement or operating reserves, and operating subsidies; <br />(2) Payment of impact fees; <br />(3) Land banking; <br />(4) Emergency repair or weatherization programs; <br />(5) Commercial properties; <br />(6) Temporary shelters; or <br />(7) Project-based rental assistance. <br />EXHIBIT 1