HUD has launched a seven-part tutorial on Using the HOME Cost Allocation Tool. The tutorials explain the basic requirements for cost allocation in the HOME Program and help HOME Participating Jurisdictions (PJs) understand how to use the Excel-based tool to complete and document required cost allocation reviews of multi-unit HOME rental projects.
HUD has also updated the HOME Cost Allocation Tool, originally published in December 2016. The updated tool includes minor corrections to the narrative instructions, spelling, and formatting. However, none of the changes affect the programming or mathematical calculations compared to the original version.
View the tutorial series Using the HOME Cost Allocation Tool: Demonstration and Case Studies.
View the HOME Cost Allocation Tool.