SIMPLIFICATION OF MATCHING REQUIREMENTS.

SEC. 204. SIMPLIFICATION OF MATCHING REQUIREMENTS. Section 220(a) of the CranstonGonzalez National Affordable Housing Act (42 U.S.C. 12750(a)) is amended to read as follows: “(a) Contribution.—Each participating jurisdiction shall make contributions to housing that qualifies as affordable housing under this title that total, throughout a fiscal year, not less than 25 percent of the funds drawn from the jurisdiction’s HOME Investment Trust Fund in such fiscal year. Such contributions shall be in addition to any amounts made available under section 216(3)(A)(ii)”.