The use of HOME funds is limited to housing activities for households at or below 80% of the Austin Median Family Income.  Projects can be for acquisition, new construction, and/or rehabilitation of affordable housing.  HOME funds can also be used to provide direct assistance to first-time homebuyers in the form of down payment and closing costs.  In addition, HOME funds can provide rental assistance for a period of time to very low-income persons who have exited a shelter and are working toward self-sufficiency with a case manager.