Texas Department of Housing & Community Affairs - Building Homes and Strengthening Communities

HOME Division Announcements

HOME Single Family Program Reservation System Fund Release

The Department is planning a single release of $5,000,000 into the Reservation System ("Reservation") for HOME Single Family Homeowner Rehabilitation Assistance ("HRA") and Tenant-Based Rental Assistance ("TBRA") General set-aside activities on Thursday, March 17, 2016, at 9:00 a.m. CDT. These funds are comprised of HOME deobligated funds and program income currently available for reallocation in accordance with Department rules. These funds are being released to address HOME funding categories that are oversubscribed in an effort to ensure available funds are released as expeditiously as possible.

Pursuant to the 2015 HOME Reservation Notice of Funding Availability ("NOFA"), funds reserved for Homebuyer Assistance (“HBA”) under the General and Persons with Disabilities set-asides will be collapsed and made available for all activity types under the set-aside on June 1, 2016, at 9:00 a.m., should insufficient demand for funds remaining under either HBA set-aside exist.  Funds remaining in the Contract for Deed set-aside may also be reprogrammed on June 1, 2016 at 9:00 a.m. CDT, should insufficient demand for funds remaining under the CFD set-aside exist.

Set-Aside

Activity Type

Amount to be added

Release
Date

Release
Time

Collapse
Date

Collapse Time

General

HRA, TBRA

$5,000,000.00

3/17/16

9:00a.m.

n/a

n/a

 

HBA

n/a

n/a

n/a

6/1/16

9:00a.m.

 

Persons with Disabilities

HRA, TBRA

n/a

n/a

n/a

n/a

n/a

 

HBA

n/a

n/a

n/a

6/1/16

9:00a.m.

 

Contract for Deed

CFD

n/a

n/a

n/a

6/1/16

9:00a.m.

 

 

 

 

 

 

 

Disaster Relief

HRA, TBRA, HBA

n/a

n/a

n/a

n/a

n/a

 

 

 

 

 

 

 

Funds in all set-asides that are available can be viewed on the HOME Reservation Summary webpage.

TDHCA reviews requests accepted by Housing Contract System (“HCS”) in the order they are received. It is possible that in the event that several transactions are submitted simultaneously, the HCS may accept more requests than there is funding available. Administrators will be notified as soon as possible if any activity cannot be processed due to insufficient funds or other programmatic issues if this does occur.

We value and appreciate your input into our HOME Single Family activities. If you have questions, please send an email to the HOME Division at home@tdhca.state.tx.us or contact Jaclyn Pryll at jaclyn.pryll@tdhca.state.tx.us.