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§ 583. 105 . 24 CFR Ch. V (4-1 -05 Edition) <br /> (4) Provide additional supportive and rehabilitation costs, grants of <br /> services for residents of supportive more than $200,000, but not more than <br /> housing or for homeless persons not re- $400,000, may be available. <br /> siding in supportive housing; <br /> (5) Purchase HUD-owned single fam- § 583.110 Grants for new construction. <br /> ily properties currently leased by the (a) Use. HUD will grant funds to re- <br /> applicant for use as a homeless facility cipients to pay a portion of the cost of <br /> under 24 CFR part 291 ; and new construction, including cost-effec- <br /> (6) Continue funding supportive hous- tive energy measures and the cost of <br /> ing where the recipient has received land associated with that construction, <br /> funding under this part for leasing, for use in the provision of supportive <br /> supportive services, or operating costs. housing. If the grant funds are used for <br /> (c) Structures used for multiple pur- new construction, the applicant must <br /> poses. Structures used to provide sup- demonstrate that the costs associated <br /> portive housing or supportive services with new construction are substan- <br /> may also be used for other purposes, tially less than the costs associated <br /> except that assistance under this part with rehabilitation or that there is a <br /> will be available only in proportion to lack of available appropriate units that <br /> the use of the structure for supportive could be rehabilitated at a cost less <br /> housing or supportive services. than new construction. For purposes of <br /> (d) Technical assistance. HUD may this cost comparison, costs associated <br /> offer technical assistance , as described with rehabilitation or new construc- <br /> in § 583 . 140. tion may include the cost of real prop- <br /> [58 FR 13871 , Mar. 15, 1993, as amended at 59 erty acquisition. <br /> FR 36891 , July 19, 19941 (b) Amount. The maximum grant <br /> available for new construction is the <br /> § 583.105 Grants for acquisition and lower of: <br /> rehabilitation. (1) $400,000; or - <br /> (a) Use. HUD will grant funds to re- (2) The total cost of the new con- <br /> cipients to: struction, including the cost of land as- <br /> (1) Pay. a portion of the cost of the sociated with that construction, minus <br /> acquisition of real property selected by the applicant 's contribution toward the <br /> the recipients for use in the provision cost of same. <br /> of supportive housing or supportive § 583.115 Grants for leasing. <br /> services, including the repayment of <br /> any outstanding debt on a loan made (a) General. HUD will provide grants - <br /> to purchase property that has not been to pay (as described in § 583. 130 of this <br /> used previously as supportive housing part) for the actual costs of leasing a <br /> or for supportive services; structure or structures, or portions <br /> (2) Pay 'a portion of the cost of reha- thereof, used to provide supportive <br /> bilitation of structures, including cost- housing or supportive services for up to <br /> effective energy measures, selected by five years. , <br /> the recipients to provide supportive (b) (1) Leasing structures. Where grants <br /> housing or supportive services; or are used to pay rent for all or part of <br /> (3) Pay a portion of the cost of acqui- structures, the rent paid must be rea- <br /> sition and rehabilitation of structures, sonable in relation to rents being <br /> as described in paragraphs (a) (1) and (2) charged in the area for comparable <br /> of this section. space. In addition, the rent paid may <br /> (b) Amount. The maximum grant not exceed rents currently being <br /> available for acquisition, rehabilita- charged by the same owner for com- _ <br /> tion, or acquisition and rehabilitation parable space. <br /> is the lower of: (2) Leasing individual units. Where <br /> (1) $200,000; or grants are used to pay rent for indi- <br /> (2) The total cost of the acquisition, vidual housing units , the rent paid <br /> rehabilitation, or acquisition and reha- must be reasonable in relation to rents <br /> bilitation minus the applicant's con- being charged for comparable units, <br /> tribution toward the cost . taking into account the location, size, <br /> (c) Increased amounts. In areas deter- type, quality, amenities, facilities, and <br /> mined by HUD to have high acquisition management services. In addition, the <br /> 250 <br />