Section 15-304-11 - Generally(a) The corporation may enter into agreements with state recipients, sub-recipients, or contractors, for administration of allocated funds, as provided under 24 CFR part 92.(b) The corporation shall allocate, or cause to be allocated as set forth in subsection (a), the aggregate amounts of HOME funds awarded to the State by the United States Department of Housing and Urban Development in accordance with the consolidated plan and all procedures pertaining thereto. The corporation may amend the consolidated plan to reallocate funds to other eligible uses to ensure the federal funds are fully expended.(c) The corporation may allocate HOME funds or cause HOME funds to be allocated for the uses allowed under the HOME program, including but not limited to: (1) Home purchase or rehabilitation financing assistance to eligible homeowners and new homebuyers;(2) Construction or rehabilitation of housing for rent or ownership;(3) Site acquisition or improvement;(4) Demolition of dilapidated housing;(5) Tenant-based rental assistance; and(6) Payment of relocation expenses.(d) The corporation shall delegate to the executive director responsibility for day-to-day administration of this program.[Eff 3/1/2024] (Auth: HRS §§201H-4, 201H-16) (Imp: HRS §201H-16, 24 CFR Parts 91 and 92)