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2025 HOME Projects NOFA – Tribal Applicants
This NOFA will provide loans or grants to eligible HOME Applicants to develop low- and very low-income affordable rental units, and to provide loans to low-income, first-time homebuyers as a part of a subdivision development. The 2025 HOME Project NOFA will provide funds to develop affordable rental housing for low- and very low-income households, as well as to provide first time homebuyer assistance to low income families who purchase a home in the Applicant's housing development. The maximum award amount will be $8 million for rental housing projects, and $2 million for first time homebuyer projects. The minimum award amount for all project types will be $10,000 per unit. State Recipient Applicants may apply for an administrative costs grant up to a $300,000 or ten percent (10%) of the activity award amount, whichever is lower. CHDO Applicants may apply for a CHDO operating expenses grant up to a $200,000 or ten percent (10%) of the activity award amount, whichever is lower. Eligibility is described below. Eligible Activities:*New construction of affordable rental units*Rehabilitation of affordable rental units with or without acquisition*First Time Homebuyer projects Eligible Applicants:*State Recipients*Developers*CHDOs*Native American Entities Eligible Jurisdictions: Projects located in non-entitlement jurisdictions, which are those that did not receive a direct HOME award from HUD, are eligible under this NOFA. Key Words:Affordable HousingLow-IncomeVery Low-IncomeHomelessnessRental HousingHomebuyer AssistanceFirst Time HomebuyerDeveloperCHDO (Community Housing Development Organization)State RecipientCityCountyNAE (Native American Entity)
Compliance Requirements
Based on this grant's program area, the likely funding agency is Housing and Urban Development (HUD). HUD auditors emphasize eligibility, matching requirements, and procurement for housing and community development block grants.
Key Compliance Areas
- Activities Allowed or Unallowed
Are all charged activities within the approved scope and budget?
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- Allowable Costs/Cost Principles
Does every material cost have a documented allowability determination?
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- Eligibility
Is eligibility determined and documented before benefits are provided?
- Matching, Level of Effort, Earmarking
Is match documented with the same rigor as direct federal charges?
- Procurement and Suspension and Debarment
Does the procurement file contain method rationale, competition evidence, COI disclosure, and debarment check?
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- Reporting
Can every line on financial/performance reports be traced to source documentation?
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Fit Scoring
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