FY 2023 HOME Match Reductions - as of November 2023
This list includes match reductions granted for FY 2023 due to fiscal distress, severe fiscal distress, and Presidential disaster declarations. For those PJs with fiscal distress and Presidential disaster match reductions, the PJ may take the higher match reduction for the current fiscal year.
Note: Since match reductions due to major Presidential disaster declarations are requested by PJs and granted by field offices at any time during the fiscal year, this list will be updated as needed.
Local Jurisdictions
When a local jurisdiction meets one of the distress criteria, it is determined to be in fiscal distress and receives a 50 percent reduction of match. If a local jurisdiction satisfies both distress criteria, it is determined to be in severe fiscal distress and receives a 100 percent reduction of match.
- FY 2023 Calculations
- FY 2023 individual poverty rate and per capita income (PCI) income were based on data obtained from the ACS 2016-2020 5-Year Estimates from Census. These were the latest data available at the time.
- For a jurisdiction to qualify as distressed based on the poverty criterion, its percentage of persons in poverty must have been at least 16.44 percent, which is 125 percent of the average national rate for persons in poverty of 13.15 percent.
- For a jurisdiction to qualify as distressed based on the PCI criterion, its average PCI must have been less than $26,375 which is 75 percent of the average PCI of $35,166.
State Jurisdictions
For a state to qualify under the personal income growth rate criterion, the state's rate must be less than 75 percent of the average national personal income growth rate during the most recent four quarters.
- FY 2023 Calculations
- The FY 2023 personal growth rate was based on data received from the beginning of the first quarter of 2022 to the end of the first quarter of 2023. These were the latest data available at the time.
For a state to qualify as distressed based on the personal income growth rate, the state per capita income growth rate must have been less than 3.25 percent which is 75 percent of the average national personal income growth rate of 4.34 percent.
View the HOME Match topic page for data for all fiscal years, policy guidance, guidebooks, and templates and forms.
Content current as of August 21, 2024.
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