Title
HOME-American Rescue Plan Program (B)
Explanation
On March 11, 2021, President Biden signed the American Rescue Plan (ARP) into law, which provides over $1.9 trillion in relief to address the continued impacts of the COVID-19 pandemic on the economy, public health, State and local governments, individuals, and businesses.
To address the need for homelessness assistance and supportive services, Congress appropriated $5 billion in ARP funds to be administered through HOME to perform four activities that must primarily benefit qualifying individuals and families who are homeless, at risk of homelessness, or in other vulnerable populations. These activities include: (1) development and support of affordable housing, (2) tenant-based rental assistance (TBRA), (3) provision of supportive services; and (4) acquisition and development of non-congregate shelter units. ARP requires that funds be used to primarily benefit individuals and families in the following specified “qualifying populations: (1) homeless; (2) at risk of homelessness; (3) fleeing, or attempting to flee domestic violence, dating violence, sexual assault, stalking, or human trafficking; (4) part of other populations where providing supportive services or assistance would prevent a family’s homelessness or would serve those with the greatest risk of housing instability; or (5) veterans and families that include a veteran family member that meet the criteria in one of (1)-(4) above.
The HOME-ARP funds will be administered through U.S. Department of Housing and Urban Development (HUD) HOME Investment Partnerships Program (HOME). The HOME-ARP funds are to be allocated by formula to jurisdictions that qualified for HOME allocations in Fiscal Year 2021. On September 13, 2021, HUD published Notice CPD-21-10, "Requirements for the Use of Funds in the HOME-American Rescue Plan", to assist jurisdictions in developing the program. The program described in this notice is for the use of the $5 billion...
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