The fund may be used for:

• Ÿ  the construction, rehabilitation, or acquisition of low- and very-low-income units;

• Ÿ  matching funds for social services directly related to providing housing for special

  needs tenants in assisted projects;

• Ÿ  technical assistance, design and finance services and consultation, and administrative

  costs for eligible nonprofit community or neighborhood-based organizations;

• Ÿ  administrative costs for housing assistance groups or organizations when a grant or

  loan will substantially increase access to other housing funds;

• Ÿ  shelters and related services for the homeless;

• Ÿ  mortgage subsidies, including temporary rental and mortgage payment subsidies to

  prevent homelessness;

• Ÿ  mortgage insurance guarantees or payments for eligible projects;

• Ÿ  down payment or closing cost assistance for eligible first-time home buyers;

• Ÿ  acquisition of housing units for preservation as low- or very-low-income housing;

• Ÿ  projects making housing more accessible to families with members who have

  disabilities; and

• Ÿ  remodeling and improvements on certain properties as required to meet building

  code, licensing requirements, or legal operations when transferred from the parent of a child with developmental disabilities.