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HUD   >   Program Offices   >   Community Planning and Development   >   Affordable Housing   >   Affordable Housing Programs   >   HOME Investment Partnerships Program   >   HOME Match   >   Match Historical Information for FY 2009
Match Historical Information for FY 2009

Fiscal Distress Match Reductions for FY 2009

Local Jurisdictions

When a local jurisdiction meets one of the distress criteria, it is determined to be in fiscal distress and receives a 50 percent reduction of match. If a local jurisdiction satisfies both of the distress criteria, it is determined to be in severe fiscal distress and receives a 100 percent reduction of match.

  • FY 2009 Calculations
    • FY 2009 family poverty rate and per capita income (PCI) income were based on data obtained from the 2000 Census. These were the latest data available at the time.
    • For a jurisdiction to qualify as distressed based on the poverty criterion, its percent of families in poverty must have been at least 11.5 percent, which is 125 percent of the average national rate for families in poverty of 9.2 percent.
    • For a jurisdiction to qualify as distressed based on the PCI criterion, its average PCI must have been less than $16,190, which is 75 percent of the average PCI of $21,587.

State Jurisdictions

For a state to qualify under the personal income growth rate criterion, the state's rate must be less than 75 percent of the average national personal income growth rate during the most recent four quarters.

  • FY 2009 Calculations
    • The FY 2009 personal growth rate was based on data received from the Department of Commerce, Bureau of Economic Analysis, from the beginning of the third quarter of 2007 to the end of the second quarter of 2008. These were the latest data available at the time.
    • For a state to qualify as distressed based on the personal income growth rate, the state per capital income growth rate must have been less than 3.9, which is 75 percent of the average national personal income growth rate of 5.2.