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Cranston-Gonzalez National Affordable Housing Act (HOME Program)

A federal law that established the HOME Investment Partnerships program, which provides federal funds to states and local governments to create affordable housing for low-income households.

Participating Jurisdiction

A state or local government entity that receives federal funds directly from the HOME program to carry out affordable housing activities.

Infill Housing Project

A residential housing development built on a relatively small, previously used site within a city or town that already has public services like utilities and is surrounded by other development.

Median Family Income (of the area)

The midpoint of family incomes in a specific geographic area, meaning half of the families in that area earn more and half earn less. It's used to determine eligibility for housing assistance programs.

Shared Equity Ownership Model

A type of homeownership that keeps homes affordable for future buyers by limiting the resale price. Examples include community land trusts or limited equity cooperatives where owners typically own the structure but not the land, or have restrictions on profits when they sell.

Section 8 (Housing Choice Vouchers)

A federal program that helps very low-income families, the elderly, and people with disabilities afford safe and decent housing in the private market.