The HOME Investment Partnerships Program Tenant-Based Rental Assistance (“TBRA”) is a rental subsidy that can be used to help income qualified households pay for housing costs including rent, security deposits, and utility deposits.
The TBRA program provides rental assistance to qualified households to increase housing choice and affordability.
The amount of TBRA subsidy varies per household. The amount of subsidy is based upon the income of the household, the rent requested by the landlord for the particular unit the household selects, and a rent reasonableness standard. See Part 2.3 for additional information on calculating rent subsidy.
TBRA assistance moves with the tenant. If the household no longer wishes to rent a particular unit, the household may take its TBRA and move to another rental property as long as the term of the TBRA has not expired.
The TBRA program differs from IHCDA’s HOME rental housing program. Whereas the HOME rental program provides capital funding for non-profit housing developers to build or preserve affordable housing, the TBRA program provides rental assistance. TBRA program funds cannot be used as capital funds.
In addition to meeting HOME eligibility regulations, IHCDA has determined that eligible participants under this program are households in which at least one household member was formerly incarcerated, as defined in the Administration Manual.