Maximum Per-Unit Subsidy. The total amount of HOME funds that the Subrecipient may invest on a per-unit basis in affordable housing shall be in accordance with 24 CFR 92.250(a) and may not exceed the per-unit dollar limitations established under section 221(d)(3)(ii) of the National Housing Act (12 U.S.C. 17151(d)(3)(ii)) for elevator-type projects that apply to the Tacoma/Pierce County area.
Appears in 2 contracts
Sources: Home Subrecipient Agreement, CDBG Program Agreement