September 12, 2017

CDBG, HOME, 108, Rural Development Update 3:45 PM  -  5 PM CDBG, HOME, 108, Rural Development Update S4

CDBG, HOME, 108, Rural Development Update

Add to Calendar 2017-09-12 15:45:00 2017-09-12 17:00:00 America/New_York CDBG, HOME, 108, Rural Development Update CDBG, HOME, 108, Rural Development Update S4 info@flhousing.org

We are in an era of declining federal and state funding and housing professionals and advocates remain uncertain of public funding to address affordable housing and community development needs including funding under programs like CDBG, HOME, and Section 108. While we can still access these funds, it is important to know how to use these programs to make the greatest impact on affordable housing and ensure successful outcomes. Additionally, USDA Rural Development (RD) has a Section 502 Direct Loan product that to can be utilized to provide 33 or 38 year mortgages term along with a subsided interest rate to families in the Very-Low to Moderate income categories.  The Section 502 mortgage products can be used in conjunction with other down payment or affordable housing grant and/or loan products. In this workshop we will discuss best practices for use of these funding sources in affordable housing projects as well as strategies to ensure success when administering or implementing federally-funded projects.

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