Section IV: HOME Narratives
Los Angeles Urban County Final 2014–2015 Annual Action Plan IV-1 June 2, 2014
IV. HOME NARRATIVES (AP-90)
A. INTRODUCTION
AVAILABLE FUNDS
Federal Investment Criteria
B. ELIGIBLE ACTIVITIES
IV. HOME Narratives (AP-90) C. Additional Information on Use of HOME Funds (AP-90)
Los Angeles Urban County Final 2014–2015 Annual Action Plan IV-2 June 2, 2014
ELIGIBLE USES OF CHDO FUNDS
C. ADDITIONAL INFORMATION ON USE OF HOME FUNDS (AP-90)
OTHER FORMS OF INVESTMENT
HOMEBUYER PROGRAMS
IV. HOME Narratives (AP-90) C. Additional Information on Use of HOME Funds (AP-90)
Los Angeles Urban County Final 2014–2015 Annual Action Plan IV-3 June 2, 2014
RECAPTURE PROVISIONS FOR HOMEBUYER ACTIVITIES
RECAPTURE PROVISIONS THAT ENSURE AFFORDABILITY
IV. HOME Narratives (AP-90) C. Additional Information on Use of HOME Funds (AP-90)
Los Angeles Urban County Final 2014–2015 Annual Action Plan IV-4 June 2, 2014
Affordability Periods
Table IV.1 Affordability Periods Los Angeles Urban County
2014–2015
Type of Assistance Affordability Period
HOME Loans 20 Years
Newly constructed 55 Years
FINANCING
AFFIRMATIVE MARKETING POLICY AND PROCEDURES
IV. HOME Narratives (AP-90) C. Additional Information on Use of HOME Funds (AP-90)
Los Angeles Urban County Final 2014–2015 Annual Action Plan IV-5 June 2, 2014
Informing Affected Parties
MONITORING AND EVALUATION