HOME Compliance Specialist

The HOME Investment Partnerships Program (HOME) provides grants to States and localities that are used to fund a wide range of affordable housing services. Such services include building, buying, and/or rehabilitating affordable housing for rent or homeownership or providing direct rental assistance to low-income persons. HOME is the largest Federal block grant program designed exclusively to develop and preserve affordable housing for low-income Americans.

NCHM’s HOME Compliance Specialist (HCS) program is designed to help students become proficient in qualifying applicants for residency in rental properties, balancing the requirements for specific unit types, and assuring compliance with their Participating Jurisdiction’s reporting policies. The course covers both federal regulations associated with the HOME Program and how local Participating Jurisdictions implement their own procedures to meet community needs.

What you’ll learn:

• The origins of the HOME program and how both private and public entities work together to expand the availability of affordable housing options.
• Methods and requirements for calculating a household’s Annual Gross Income
• How to balance multiple layers of compliance – especially for properties blended with Section 8 and/or the Low-Income Housing Tax Credit program.
• The difference between High HOME units and Low HOME units, and the features of fixed units versus floating units
• How to maintain a fiscally and operationally viable property over the long-term while staying in compliance with HOME’s objectives and requirements.

How you’ll learn:

• The HCS course materials incorporate the Compliance in HOME Rental Projects: A Guide for Property Owners, the HUD Handbook 4350. 3 REV-1, as well as additional notices and guidance directly from HUD to help students understand the many authoritative resources for the program.
• Instruction is delivered through lecture and an integrated multimedia presentation. Extensive course materials, coordinated with the presentation, facilitate participants’ preparation for the online certification examination. Strong emphasis is placed on learning how to use the federal regulatory guidance materials for future success in managing HOME rental properties.

Upcoming Courses