HOME is designed exclusively to create affordable housing for low-income households.
The program's flexibility allows States and local governments to use HOME funds for grants, direct loans, loan guarantees or other forms of credit enhancement, or rental assistance or security deposits. Applicants must be organizations or individuals on Guam. The eligibility of households for HOME assistance varies with the nature of the funded activity. All Home funds must be used to assist families or individuals with incomes at or less than 80 percent of Guam s median income. HUD publishes HOME Income Limits for Guam each year.