Can committed funds be used as match and leveraging?
No. The first 5% of committed funds will be counted as match, and additional funds will be used for leveraging. This applies to the CSS match requirement as well. 50. Section XIV(A)(1)-(4) states that an applicant will receive points based on the percentage of “public housing units” in the unit mix of their on-site housing. Does the term “public housing units” include all ACC units, i.e., public housing rental and public housing funded homeownership? The term “public housing units” is limited to units under the ACC, i.e., public housing rental units. Homeownership units would not be counted after the property has been transferred to the homeowner.
