How do these grants make a difference in our area?
The HOME program serves the four county consortium of Buncombe, Henderson, Transylvania and Madison Counties.
The City of Asheville is the lead entity for the consortium and administers the HOME funds in the area. The City receives about $1.5 million each year. Much of this is sub-granted to non-profit agencies to increase the stock of safe, decent, affordable housing in our area. The City awards HOME funds based on housing needs from a Housing Needs Assessment which is used to form a Five-Year Consolidated Plan for housing priorities.
Federal Compliance Requirements
Activities using HOME funds must meet a number of federal standards. HUD has produced a toolkit as a resource tool that will allow grantees to find information on financial management, environmental review, labor standards, acquisition, relocation and fair housing. Specific information about some of these federal requirements can be found at HUD.gov