HUD has issued new HOME Homeownership Value Limits
(“95% limits”) for 2013 that are effective August 23, 2013
. In 24 CFR 92.254(a)(2)(iii) of the Final Rule published on July 24, 2013, HUD established new homeownership value limits for the HOME PJs. These new limits apply to homeownership housing to which HOME funds are committed on or after August 23, 2013, and remain in effect until HUD issues new limits.