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URGENT GRASSROOTS ISSUE: HOME Program
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Background
A series of front-page articles run this week in The Washington Post reporting on alleged mismanagement of HUD’s HOME funds has raised alarms throughout the affordable housing industry, HUD and Congress. The articles described HOME projects that were never completed and/or never begun. The reporter described in detail how developers and nonprofits allegedly received HOME funds but did not provide the promised housing, and attributed the problems to lax oversight on the part of housing agencies in awarding the funds and monitoring the projects. The reporter also noted several times that HUD does not have authority to compel repayment of HOME funds.
Although the alleged failed deals which were the subjects of the articles represent a small percentage of the HOME portfolio, they have already trigged bipartisan calls for congressional investigations. The timing of the articles comes at a time when HOME was already facing the possibility of severe cuts for the FY 2012 appropriations cycle.
A Call to Action
NAHMA believes it is important to remind Congress that HOME is a successful program that has helped provide quality apartment communities for thousands of families across the country. To succeed in this effort, we need your help.
Specifically, we would like to ask that members:
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Send NAHMA examples of your successful projects developed using HOME funds, with location, photographs and other details
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Invite your Congressmen to visit your successful HOME projects when they are in their district
Contact Congress
We believe timing is important – to counter the negative perceptions on the HOME program as soon as possible – so we would ask that you send your information to NAHMA staff member Lauren Eardensohn, at Lauren.Eardensohn@nahma.org, as soon as possible, or by May 30, and to follow up with your Congressmen in that time frame as well.
If you would like to contact your Senators, please visit: http://www.senate.gov/general/contact_information/senators_cfm.cfm
If you would like to contact your Member of the House of Representatives, please visit: http://www.house.gov/writerep/
NAHMA HOME Properties
NAHMA members own and/or manage HOME Properties all across the nation. We highly encourage you to visit our HOME Properties webpage to see how HOME program funding has successfully helped communities in your state.
Documents
Talking Points
Washington Post Articles
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Million-Dollar Wasteland-An ongoing investigation into how HUD has mismanaged America’s affordable housing (May 14, 2011, Washington Post)
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