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Traylor & Associates has worked actively in the
State of Texas HOME Program since its inception in 1992.
The firm has extensive experience as a provider of housing-related
administrative and project/construction management services
for its public entity clients throughout the State of
Texas. Traylor & Associates has administered over
$60 million in housing rehabilitation programs and provided
project management service on projects involving more
than 3,900 individual housing units. In addition to
HOME projects, Since 1974, firm has been engaged full-time
in the field of housing rehabilitation through the management
of HUD Community Development Block Grants, and TCDP
Housing Rehabilitation Fund projects, ranging from
comprehensive neighborhood revitalization, housing rehabilitation,
and slum prevention projects.
Under HUD guidelines, HOME funds are reserved for people
at or below 80 percent (80%) of Average Median Family
Income ("AMFI") for an area. TDHCA awards
contracts through a competitive application process
for specific amounts to various municipalities, non-profit
agencies, for profit and public housing agencies around
the state to administer program activities for HOME
eligible recipients.
HOME regulations allow for a variety of housing activities,
all aimed at providing safe, decent affordable housing
to low income families. TDHCA has allocated funds to
grantees in four basic housing activities:
The state is required to match twenty-five percent (25%)
of the HOME allocation from HUD. This match can be in
the form of cash dollars, "in-kind" contributions
and other means. However, since the State may generate
matching funds through the mortgage revenue bond program,
the HOME Program does not require applicants to contribute
match in order to receive a grant or loan. Applicants
currently receive extra points on their applications for
providing match.
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