Sec. 05.12.02.05. Eligible Activities

Latest version.

FAF funds may be used for the following:

A. Activities identified in 24 CFR §811.110, as amended;

B. Interest rate subsidies;

C. Direct rental subsidies;

D. Grants or loans for housing very low-income households, including housing in mixed income or mixed use projects;

E. Interest subsidies, grants, or loans to enable very low-income households to acquire ownership of single family housing units; and

F. Funds to assist in the acquisition, construction, and rehabilitation of housing for homeless persons, very low-income households, or persons at risk of becoming homeless, and other special needs populations consisting of very low-income households.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');