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When funding multi-unit projects, how do you know which units are your HOME units? Which ones are your Housing Trust Fund units? HOME regulations require Participating Jurisdictions to identify and allocate eligible costs among HOME-designated units within a project. Similarly, Housing Trust Fund regulations require the same review be done by State HTF grantees. This training guides participants through the process of determining unit comparability, distinguishing between HOME and HTF eligible and ineligible costs (hint, it’s different than the Low-Income Housing Tax Credit basis!), and allocating costs using HUD’s HOME Cost Allocation Tool, originally developed by TDA.
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Bring Your Questions
Please bring the training related questions so they can be discussed during the training.
Cost Allocation
Cost allocation reviews guide the determination of how many units must be designated as HOME and HTF units and which units within a project those must be.
June 17, 2026
Online
1:00pm-4:30pm EST
$145
Online Course
Who Should Attend
Financial staff
Program managers
Grant administrators
Anyone responsible for HOME or HTF compliance and financial oversight
What You Will Learn
How to determine which units must be designated as HOME or HTF units
How to identify comparable units within a multi-unit rental project
How to allocate eligible development costs across HOME-assisted units
Key differences between HOME cost allocation and LIHTC cost allocation
How to use HUD’s HOME Cost Allocation Tool to calculate costs
Meet Your Instructor
Stephen Lathom, Senior Consultant
Stephen provides consulting services and training related to
programs including HOME, HOME-ARP, HTF, CDBG,
CDBG-DR, NSP, and LIHTC as well as services in support
of a range of state and locally funded affordable housing
finance programs.