HOME funds have certain restrictions and in some cases, the City imposes more stringent requirements.  For example, housing assisted with HOME funds must remain affordable for a certain period of time based on the amount of HOME funds invested.  This is called the “affordability period” which can last anywhere from 5 years to 20 years.  The City sometimes imposes longer affordability periods on certain projects, in some cases up to 99 years.  Some other restrictions include income limits, property standards, and limits on home sales prices.