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HOME Investment Partnerships Program

undefined HOME Investment Partnerships Program?


The HOME Investment Partnerships Program (HOME) provides formula grants to States and localities that communities use - often in partnership with local nonprofit groups - to fund a wide range of activities. These activities include building, buying, and/or rehabilitating affordable housing for rent or homeownership and providinge rental assistance to low-income families.

The HOME Investment Partnerships Program (HOME) provides formula grants to States and localities that communities use - often in partnership with local nonprofit groups - to fund a wide range of activities. These activities include building, buying, and/or rehabilitating affordable housing for rent or homeownership and providinge rental assistance to low-income families.

undefined HOME Investment Partnerships Program?


In rental projects with five or more assisted units, at least 20 percent of the units must be occupied by families with incomes that do not exceed 50 percent of the HUD-determined area median income, adjusted for family size (“AMI”) and the remainder must have incomes that do not exceed 80 percent of AMI.

The incomes of households receiving HUD tenant-based rental assistance must not exceed 80 percent of AMI.

Homeownership assistance must be to families with incomes at or below 80 percent of AMI.

Each year, HUD publishes the applicable AMI limits.

undefined HOME Investment Partnerships Program?


To apply, contact your local administering agency.


For more information about the Home Investment Partnerships program, visit the HUD program page.