# 2024-29824: HOME Investment Partnerships Program: Program Updates and Streamlining 2024-29824, HOME Investment Partnerships Program: Program Updates and Streamlining, is a Federal Register rule from an unnamed agency published 2025-01-06, effective 2025-02-05; PRIA reads it as touching household money (as of 2026-06-11). - Canonical: https://policyrisk.com/federal-register/2024-29824 - As of: 2026-06-11 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Document number: 2024-29824 - Title: HOME Investment Partnerships Program: Program Updates and Streamlining - Type: Rule - Agencies: unknown - Citation: unknown - Published: 2025-01-06 - Effective: 2025-02-05 - Comments close: not stated - Significant: no - Touches household money: yes - Regulation identifier numbers: none - Last updated: 2026-06-11 ## Summary Starting February 5, 2025, HUD is updating the HOME program to make it simpler and better aligned with other housing programs. These changes affect states and local governments that get grants to build and maintain affordable homes and help low-income renters. The updates streamline rules, reflect recent law changes, and tweak related programs, aiming to speed up and improve affordable housing efforts. ## Abstract HUD's HOME Investment Partnerships Program (HOME program or HOME) provides formula grants to States and units of general local government to fund a wide range of activities to produce and maintain affordable rental and homeownership housing and provides tenant-based rental assistance for low-income and very low-income households. This final rule revises the current HOME regulations to update, simplify, or streamline requirements, better align the program with other Federal housing programs, and implement recent amendments to the HOME statute. This final rule also includes minor revisions to the regulations for the Community Development Block Grant and Section 8 Housing Choice Voucher Programs consistent with the implementation of the changes to the HOME program. This final rule follows the publication of a proposed rule on May 29, 2024, and takes into consideration the comments received in response to that proposed rule. ## Effects PRIA read - Rule Effective Date and Transition: benefit, medium. The rule takes effect February 5, 2025. Projects with HOME funds committed on or after February 5, 2025 must follow the new rules, but participating jurisdictions (PJs) may continue to use the previous HOME regulations for commitments made up to one year after February 5, 2025 to give time to updat… - Expanded Income Safe Harbor Option: benefit, medium. PJs may accept an income determination from other Federal, State, or local public assistance programs (for example, TANF, Medicaid, or LIHTC) as a safe harbor if the statement shows family size and annual income and was made within the previous 12 months. HUD changed the word from "must" to "may,"… - Pre-Commitment Soft Costs Reimbursable: benefit, medium. HUD allows certain project soft costs incurred no more than 24 months before a HOME commitment to be reimbursed if included in the written agreement. Examples now explicitly allowed include private lender origination fees, credit reports, title evidence, legal fees, private appraisal fees, independ… - Tenant Protections Limited to New Commitments: benefit, medium. HUD strengthened tenant protections in the HOME tenancy addendum but the new tenant protections in Sec. 92.253 will not be imposed on owners or tenants under written agreements or rental assistance contracts that were in place prior to the effective date. The tenant protections apply only to projec… - Rental Assistance Contract Parties Changed: benefit, low. The HOME tenant-based rental assistance rental assistance contract must be entered into with the owner and the tenant, either as separate agreements or as a single tri-party agreement. The definition of "Commit to a specific local project" was updated to reflect that the committing document is the… - CHDO Board and Capacity Rule Changes: mixed, medium. HUD revised the Community Housing Development Organization (CHDO) definition to (1) explicitly allow "low-income beneficiaries of HUD programs" as eligible board members, (2) require CHDOs to have paid employees with housing development experience who will work on HOME projects (volunteers may supp… - Community Land Trust Definition Updated: benefit, low. HUD revised the Community Land Trust (CLT) definition to require that a CLT's primary purpose be acquiring, developing, or holding land to provide housing that is permanently affordable to low-income persons, and removed the requirement that CLTs serve moderate-income persons. The CLT definition no… - Homeownership Definition Clarified: benefit, low. HUD replaced the term describing single-family dwellings with a defined term "single family housing" that explicitly includes manufactured homes. HUD also clarified ground lease minimum terms (for example, a CLT-developed project must have a minimum ground lease term of 50 years; insular areas may… ## Related documents - [2026-20736](https://policyrisk.com/federal-register/2026-20736): Air Plan Approval; Michigan; Clean Data Determination for the Berrien, MI and Muskegon, MI Areas for the 2015 Ozone Standards, 2026-10-09 - [2026-20757](https://policyrisk.com/federal-register/2026-20757): Schedules of Controlled Substances; Removal of Exemption Status for Inactive Butalbital Products, 2026-10-09 - [2026-20727](https://policyrisk.com/federal-register/2026-20727): Medical Devices; Immunology and Microbiology Devices; Classification of the System for Detection of Nucleic Acid From Non-Viral Microorgani…, 2026-10-09 - [2026-20792](https://policyrisk.com/federal-register/2026-20792): Raisins Produced From Grapes Grown in California; Order Amending Marketing Order No. 989, 2026-10-09 - [C1-2026-20019](https://policyrisk.com/federal-register/C1-2026-20019): Fisheries of the Exclusive Economic Zone Off Alaska; Groundfish Reserves in the Bering Sea and Aleutian Islands Management Area, 2026-10-09 - [2026-20748](https://policyrisk.com/federal-register/2026-20748): Schedules of Controlled Substances: Placement of O-Desmethyltramadol in Schedule I; Correction, 2026-10-09 ## Sources - [2024-29824 on federalregister.gov](https://www.federalregister.gov/documents/2025/01/06/2024-29824/home-investment-partnerships-program-program-updates-and-streamlining) - [2024-29824 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-01-06/pdf/2024-29824.pdf) ## Related - [Previous: C1-2024-26935, Regulatory Updates to BasicMed](https://policyrisk.com/federal-register/C1-2024-26935) - [Next: 2024-30964, Significant New Use Rules on Certain Chemical Substances (19-5.F)](https://policyrisk.com/federal-register/2024-30964) - [All Federal Register documents](https://policyrisk.com/federal-register) Source: PRIA, https://policyrisk.com/federal-register/2024-29824 (as of 2026-06-11).