Plain-English explanation
This reopened HOME Program Activities notice makes unclaimed 2024 funding available over the counter, first come first served, until the next Program Activities NOFA is released or funds are exhausted. The stated purpose is to increase and preserve decent, safe, and sanitary affordable housing for low-income households at or below 80% AMI and very-low-income households at or below 50% AMI. Named activities include first-time homebuyer programs, owner-occupied rehabilitation, and tenant-based rental assistance. Eligible applicants and locations must meet the listed HOME-specific conditions, while the full NOFA is needed to confirm detailed rules, funding terms, and submission requirements.
