Purpose
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(1)
to receive and combine program allocations of covered housing assistance; and
(2) to design creative approaches for providing and administering Federal housing assistance based on the particular needs of the jurisdictions that—
(A)
provide incentives to low-income families with children whose head of the household is employed, seeking employment, or preparing for employment by participating in a job training or educational program, or any program that otherwise assists individuals in obtaining employment and attaining economic self-sufficiency;
(B)
reduce costs of Federal housing assistance and achieve greater cost-effectiveness in Federal housing assistance expenditures;
(C)
increase the stock of affordable housing and housing choices for low-income families;
(D)
increase homeownership among low-income families;
(E)
reduce geographic concentration of assisted families;
(F)
reduce homelessness through providing permanent housing solutions;
(G)
improve program management; and
(H)
achieve such other purposes with respect to low-income families, as determined by the participating local governments and municipalities in coordination with the public housing agencies; [1]