Download or read book Home Investment Partnerships Program - American Dream Downpayment Initiative and Amendments to Homeownership Affordability (Us Department of Housing and Urban Development Regulation) (Hud) (2018 Edition) written by The Law The Law Library and published by Createspace Independent Publishing Platform. This book was released on 2018-11-08 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: HOME Investment Partnerships Program - American Dream Downpayment Initiative and Amendments to Homeownership Affordability (US Department of Housing and Urban Development Regulation) (HUD) (2018 Edition) The Law Library presents the complete text of the HOME Investment Partnerships Program - American Dream Downpayment Initiative and Amendments to Homeownership Affordability (US Department of Housing and Urban Development Regulation) (HUD) (2018 Edition). Updated as of May 29, 2018 This rule follows publication of, and considers the public comments on, two earlier HUD rules. First, this rule makes final the March 30, 2004, interim rule establishing regulations for a downpayment assistance component under the HOME Investment Partnerships Program (HOME), referred to as the American Dream Downpayment Initiative (ADDI). Through the ADDI, HUD makes formula grants to participating jurisdictions under the HOME Program for the purpose of assisting low-income families to achieve homeownership. In addition, this rule also makes final HUD's November 22, 2004, interim rule, which revised and clarified the HOME Program homeownership affordability requirements of the HOME Investment Partnerships Program. In response to the public comments received on both interim rules, this final rule clarifies that the purchase of manufactured homes is an ADDI eligible activity, and broadens and clarifies the use of HOME funds to help preserve affordable housing previously assisted with HOME funds. This book contains: - The complete text of the HOME Investment Partnerships Program - American Dream Downpayment Initiative and Amendments to Homeownership Affordability (US Department of Housing and Urban Development Regulation) (HUD) (2018 Edition) - A table of contents with the page number of each section