[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR954.105]



[Page 414-415]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 954_INDIAN HOME PROGRAM--Table of Contents

 

                    Subpart B_Applying for Assistance

 

Sec.  954.105  Criteria for selection.



    There are four categories of projects that may be funded under the 

HOME Indian program: housing rehabilitation; acquisition of housing; new 

housing construction; and tenant-based rental assistance. Each project 

must be evaluated using the following three criteria:



[[Page 415]]



    (a) Project need and design. The degree to which the proposed 

project addresses the housing need(s) of the grantee as identified in 

the application, and the degree to which the proposed project is 

feasible while maximizing benefits to low-income families.

    (b) Planning and implementation. The degree to which the financial, 

administrative, and legal actions necessary to undertake the proposed 

project have been considered and addressed in the application, and the 

degree to which the grantee has the administrative staff to carry out 

the project successfully.

    (c) Leveraging. The degree to which other sources of assistance, 

including mortgage insurance, State funds, other Federal grants, and 

private contributions, are used in conjunction with HOME funds to carry 

out the proposed project.