HOME Investment Partnerships Program (HOME)
HOME is the largest Federal block grant to State and local governments designed exclusively to create affordable housing for low-income households. Eligible activities may include: (1) single family housing development (new construction or rental); (2) subsidy for certified Community Housing Development Organization’s (CHDO) (ownership or rental); (3) operating support for CHDO’s; (4) owner-occupied rehabilitation (must be fully brought up to code); (5) purchase assistance (down payment, principal buy-down, closing costs); (6) multifamily development and rehabilitation (affordable and special needs); and (7) relocation of residents in connection with a HOME funded development (project). Click here for more information.
Steps to applying for HOME funding:
- Attend a mandatory technical assistance workshop
- Attend a mandatory budget workshop
- Submit your application