Laserfiche WebLink
CITY OF SANTA ANA <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />C. HOME-AMERICAN RESCUE PLAN PROGRAM (HOME-ARP) <br />Source of Funds <br />Funding for this Program is provided through the U.S. Department of Housing and Urban <br />Development (HUD) HOME-American Rescue Plan Program (HOME-ARP), and therefore is subject <br />to the federal rules and regulations found in CPD Notice 21-10 and 24 CFR Part 92, as amended <br />from time to time. Please review CPD Notice 21-10 if you are applying for this source of funds. <br /> <br />Eligible Borrowers/Grantees <br />Eligible borrowers are nonprofit Housing Development Corporations (HDC’s) duly organized to <br />promote and undertake community development activities on a not-for-profit basis, and which have a <br />valid 501(c)(3) or (4) designation from the IRS, or for-profit housing developers or development <br />corporations, with proven capacities to develop, own, and operate affordable housing. Limited <br />partnerships whose general partners are otherwise eligible under the above are also eligible to borrow <br />Program funds. <br /> <br />Eligible Uses <br />HOME-ARP funds may be used to acquire, rehabilitate, or construct affordable rental housing <br />primarily for occupancy by households of individuals and families that meet the definition of the <br />following Qualifying Population: <br /> <br />(1) Homeless, as defined in Section 103(a) of the McKinney-Vento Homeless Assistance Act, as <br />amended (42 U.S.C. 11302(a)). <br />Unlike the regular HOME Program, which targets HOME-assisted rental units based on tenant <br />income, 70 percent of all HOME-ARP units must admit households based only upon their status as <br />qualifying households. <br /> <br />Eligible Activities <br />(1) HOME-ARP funds may be used to acquire, rehabilitate, or construct affordable rental housing <br />primarily for occupancy by households of individuals and families who are experiencing <br />homelessness (“qualifying households” or “qualifying population”). Eligible HOME-ARP rental <br />housing includes “housing” as defined at 24 CFR 92.2, including but not limited to <br />manufactured housing, single room occupancy (SRO) units, and permanent supportive <br />housing. The City of Santa Ana will give a preference to literally homeless individuals. Units <br />restricted for occupancy by qualifying households must be occupied by households that meet <br />the definition of a qualifying population at the time of admission to the HOME-ARP unit. <br />HOME-ARP funds may be used for acquisition, construction, and rehabilitation, including <br />reconstruction as defined in 24 CFR 92.2, of affordable rental housing for qualifying and low-income <br />households. Acquisition of vacant land or demolition must be undertaken only with respect to a <br />particular housing project intended to provide HOME-ARP rental housing within the timeframes <br />provided in CPD Notice 21-10. A HOME-ARP rental project must meet the definition of project in 24 <br />CFR 92.2. <br /> <br />HOME-ARP funds may be used to assist one (1) or more units in a project. Only the eligible <br />development costs of the HOME-ARP units may be charged to the HOME-ARP program. <br /> <br />EXHIBIT 1