Plain Text Law

Regulation .05 Eligible Activities.

Regulation .05 Eligible Activities.Copy Citation

FAF funds may be used for the following:
A.
Activities identified in 24 CFR §811.110, as amended;
B.
Interest rate subsidies;
C.
Direct rental subsidies;
D.
Grants or loans for housing very low-income households, including housing in mixed income or mixed use projects;
E.
Interest subsidies, grants, or loans to enable very low-income households to acquire ownership of single family housing units; and
F.
Funds to assist in the acquisition, construction, and rehabilitation of housing for homeless persons, very low-income households, or persons at risk of becoming homeless, and other special needs populations consisting of very low-income households.