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A Guide to Housing Resources For the Elderly In Philadelphia

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FEDERALLY SUBSIDIZED HOUSING PROGRAMS 1-19<br />

Home <strong>In</strong>vestment Partnerships Program<br />

(Title II, Crans<strong>to</strong>n Gonzalez National Affordable <strong>Housing</strong> Act of 1991)<br />

Popular Name: HOME Program<br />

Program Description: The HOME Program helps <strong>to</strong> expand <strong>the</strong> supply of decent, affordable housing for low<br />

and very low-income families by providing grants <strong>to</strong> States and local governments referred <strong>to</strong> as participating<br />

jurisdictions or "PJs." PJs like <strong>the</strong> City of <strong>Philadelphia</strong> use <strong>the</strong>ir HOME grants <strong>to</strong> fund housing programs that meet<br />

local needs and priorities. PJs may use HOME funds <strong>to</strong> help renters, new homebuyers or existing homeowners. The<br />

Consolidated Plan (see below) determines how HOME funds are used.<br />

A manda<strong>to</strong>ry set-aside of 15% of <strong>the</strong> funds for community housing development organizations (CHDOs) has<br />

stimulated interest from nonprofit organizations in <strong>Philadelphia</strong>. <strong>Philadelphia</strong>'s Consolidated Plan allocates a<br />

substantial portion of <strong>the</strong> HOME Program funds for community-based organizations.<br />

Eligible Applicants: <strong>Elderly</strong>, like o<strong>the</strong>r community residents, benefit from ways <strong>the</strong> local government<br />

expends HOME Program funds.<br />

Eligible Sponsors/Developers: Units of local government in conjunction with business or nonprofit<br />

organizations.<br />

Popular Name: Con Plan<br />

Consolidated Plan<br />

(Crans<strong>to</strong>n Gonzalez National Affordable <strong>Housing</strong> Act of 1991)<br />

The Consolidated Plan is a document written by a State or local government describing <strong>the</strong> housing needs of<br />

<strong>the</strong> low- and moderate-income residents, outlining strategies <strong>to</strong> meet <strong>the</strong> needs and listing all resources available <strong>to</strong><br />

implement <strong>the</strong> strategies. The jurisdiction is required <strong>to</strong> consult with o<strong>the</strong>r public and private agencies that provide<br />

assisted housing, health services, and social services (including those focusing on services <strong>to</strong> elderly persons, persons<br />

with disabilities, persons with HIV/AIDS and <strong>the</strong>ir families, homeless persons and children) during preparation of <strong>the</strong><br />

Consolidated Plan. An approved Consolidated Plan is required for a community <strong>to</strong> receive funding from <strong>the</strong> HUD<br />

Department of Community Planning and Development, including Community Development Block Grant funds and<br />

HOME Program funds.

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