Program Update
HOME-ARP Information Session - Rental Housing
December 5, 2024
As DCA looks to 2025 and new HOME-ARP funding opportunities, the team is taking the opportunity to explain the program in more detail to prepare interested entities for upcoming Notice of Funding Opportunities (NOFOs). This is the second of three information sessions the HOME-ARP Team will use to cover any questions about the program.
This session will discuss HOME-ARP Rental Housing requirements. A recording will be posted to the DCA YouTube Channel if unable to attend. Submit questions here to have them answered in session.
The Rental Housing Session will include:
- Underwriting
- Favorable Financing
- Layering tax credits with HOME-ARP
- PBV Application
- Fair Housing Considerations
- Compliance
- Project Based Vouchers
- Low Barrier/Housing First Requirements
- Minimum Use Periods
- Property Standards
- Application Preparation and Considerations
- Programmatic Supports offered by DCA
- Questions and Answers regarding HOME-ARP Rental Housing