Quiz | HOME Fund Provisions
May 29, 2024
HUD has released new proposed HOME regulations. This month's quiz tests on current HOME provisions that may change.
1. HOME rules require that tenants almost always be given _____ day notice before eviction.
A) 10
B) 30
D) 45
D) 60
2. Tenant-based subsidy that a HOME household receives must be included when determining compliance with the HOME rent limits.
True or False
3. PJs are not required to approve rents and fees for HOME projects as long as the owner remains below federal HOME limits.
True or False
4. Which utility allowance estimate methods are NOT allowed for HOME units?
A) The HUD Utility Schedule Model (HUSM)
B) An engineer model
C) An estimate from a local PHA
D) A HUD baseline
5. HOME projects must follow federal HOME rules for a period referred to as the compliance period.
True or False
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