What does Recipients of 2010 HOME Owner Occupied Rehab funds must have committed funds prior to the release of this RFP mean?
For HOME rehab-1) NOFA states: "Recipients of 2010 HOME Owner Occupied Rehabilitation funds must have committed funds prior to the release of this RFP". Does this means ALL HOME funds awarded committed through a contract with a contractor OR all of the HOME funds awarded are committed through an agreement with a homeowner to complete the rehab?. If the former, it would seem inconsistent with the scoring criteria relative to % of units complete.
This means that recipients of 2010 HOME Rehab funds must have begun setting up projects with MFA on that contract prior to the 2011 RFP release. 2010 recipients are 7 months into the 2010 program year and should at least have projects set up in the MFA system. Ideally, the 2010 recipients have begun drawing down thier funds and should have completed 1/2 of thier projected projects by now.
