AMENDMENT NO 2.DOCX

Maricopa County — Formal (2013-11-20)

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AMENDMENT NO. 2 TO THE
MARICOPA HOME CONSORTIUM
2013-14 ANNUAL ACTION PLAN (Year 4 of 5)
Per the HOME Rule published in 2013, the following section is updated to include
requirements found at 24 CFR 95.254(a)(2)(iii):
PROGRAM SPECIFIC REQUIREMENTS
HOME 92.254(a)(2)(iii)
According to the Multiple Listing Service, there were 2677 existing single family homes sold
between August 4, 2013 and September 4, 2013 within the geographic boundaries of the
Maricopa HOME Consortium. Based upon the criteria outlined in 92.254(a)(2)(iii),
$210,425 is 95% of median area purchase price of existing housing. This number shall be
used throughout the Consortium as the Homeownership Value Limits.
Maricopa HOME Consortium Year 4 Annual Action Plan
Amendment No. 2