Places at or above the median improvement rate get a bonus allocation
What the document says“the Secretary shall allocate to the eligible recipient for that fiscal year, in addition to the amount that would otherwise be allocated to the eligible recipient under section 106, a bonus amount, as determined under clause (ii) of this subparagraph.”
The section requires the Secretary to pay a bonus on top of the ordinary section 106 allocation where a recipient's housing growth improvement rate is at or above the median for all eligible recipients other than extremely high-growth recipients, or where the recipient is itself an extremely high-growth recipient. The bonus is the total taken from recipients whose allocations were cut, multiplied by that recipient's share of the housing units added across all bonus recipients over the preceding year.
What the document actually says“the Secretary shall allocate to the eligible recipient for that fiscal year, in addition to the amount that would otherwise be allocated to the eligible recipient under section 106, a bonus amount, as determined under clause (ii) of this subparagraph.”
The place gets extra money for that year. The extra sits on top of what it would get anyway. The rules set how much extra it is.
The bonus pot is made of the money taken from other places. Each winner gets a share of it. The share follows how many homes it added.
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