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        <title>HOME Investment Partnerships Program; American Dream Downpayment Initiative</title>
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    <abstract>This interim rule establishes regulations for a new downpayment assistance component under the HOME Investment Partnerships Program, referred to as the American Dream Downpayment Initiative (ADDI). Through the ADDI, HUD will make formula grants to participating jurisdictions under the HOME Investment Partnerships Program for the purpose of assisting low-income families achieve homeownership. This interim rule codifies the statutory formula for allocation of ADDI funds to HOME participating jurisdictions, identifies eligible activities and costs under the ADDI, and establishes other applicable requirements.</abstract>
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        <action>Interim rule.</action>
        <summary>This interim rule establishes regulations for a new downpayment assistance component under the HOME Investment Partnerships Program, referred to as the American Dream Downpayment Initiative (ADDI). Through the ADDI, HUD will make formula grants to participating jurisdictions under the HOME Investment Partnerships Program for the purpose of assisting low-income families achieve homeownership. This interim rule codifies the statutory formula for allocation of ADDI funds to HOME participating jurisdictions, identifies eligible activities and costs under the ADDI, and establishes other applicable requirements.</summary>
        <dates>Effective Date: April 29, 2004.</dates>
        <contact>Virginia Sardone, Director, Program Policy Division, Office of Affordable Housing Programs, Room 7164, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410-7000; telephone (202) 708-2470. (This is not a toll-free number.) A telecommunications device for hearing- and speech- impaired persons (TTY) is available at 800-877-8339 (Federal Information Relay Service).</contact>
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            <subject>Aged</subject>
                                    
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            <subject>Homeless</subject>
                                    
            <subject>Individuals with Disabilities</subject>
                                    
            <subject>Low and Moderate Income Housing</subject>
                                    
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