Report To The Utah Legislature - A Performance Audit Of The Division Of Housing And Community Development - 2012 Page 12
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33In order to accomplish this mission, HCD operates a number of
programs, including:
Olene Walker Housing Loan Fund – The OWHLF provides gap
funding to developers statewide for low-income housing in the
form of grants and loans. This money is then leveraged to obtain
federal and private equity and tax credits.
Permanent Community Impact Fund – The CIF is funded by
federal mineral lease royalties returned to the state; a Community
Impact Fund Board provides grants and/or loans to subdivisions of
the state. These subdivisions are, or may be, economically
impacted (directly or indirectly) by mineral resource development
on federal land.
Community Development Block Grants – CDBG includes the
Small Cities program, which is intended to provide decent housing
for persons of low and moderate incomes. Created under the
CDBG program umbrella are the Neighborhood Stabilization
Programs, federal grants intended to purchase foreclosed or
abandoned homes and rehabilitate, resell, or redevelop these homes
to stabilize neighborhoods and stem the decline of house values.
State Energy Assistance & Lifeline Program – This program
provides winter home heating assistance for low-income
households. It also provides funds to the State Weatherization
Program to help weatherize low-income homes and provide
emergency repair or replacement of defunct furnaces or air
conditioning units.
Pamela Atkinson Homeless Trust Fund – This program, funded
by legislative funding and public contributions, is a competitive
grant program that supplements various agencies’ funds, state and
private, statewide in an effort to move people from homelessness.
HCD’s Budget Is a Mixture of
Federal and State Funds
Much of the funding for HCD’s programs comes from the federal
government, augmented by matching state funds. Figure 1.1 shows
A Performance Audit of the Division of Housing and Community Development (February 2012)
2
ADVERTISEMENT
0 votes
Related Articles
Related forms
Indian Housing Plan And Annual Performance Report Form Guidance - U.s. Department Of Housing And Urban Development
Legal
Form Hud-40201 - Youthbuild Program Reports Part 7 Performance Evaluation Report (final Report) Form - U.s. Department Of Housing And Urban Development
Legal
Form Hud-9887 And 9887-a - Document Pachagefor Applicant's/tenant's Concent To The Release Of Information - U.s. Department Of Housing And Urban Development
Legal
Form Hud-92456 - Semi-annual Performance Report Form - U.s. Department Of Housing And Urban Development
Legal
Form Hud 30015 - Community Development Work Study Program Student Budget Sheet - U.s. Department Of Housing And Urban Development
Legal
Related Categories
Parent category: Legal