HUD Pushes Back Housing Rules: More Prep Time for All
Published Date: 2/3/2025
Rule
Summary
HUD planned to update and simplify the HOME Investment Partnerships Program rules starting February 5, 2025, but is now pushing the start date to April 20, 2025. This delay affects anyone involved in affordable housing projects using HOME funds, giving them more time to prepare for the changes. No money changes yet, just a little extra breathing room before the new rules kick in.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
HOME rule effective date delayed
HUD is delaying the start of the HOME Investment Partnerships Program updates. The rule that was to take effect on February 5, 2025 will now take effect on April 20, 2025, giving anyone involved in affordable housing projects using HOME funds more time to prepare; this delay does not change funding amounts.
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