The HOME program is an important resource for the development of low-income housing. Funding for the HOME Investment Partnerships Program has been cut precipitously since FY10, when HOME received a $1.8 billion appropriation. In FY16, Congress appropriated only $950 million for the HOME program. However, in subsequent years appropriated amounts have gradually increased.

HOME is a flexible block grant that provides states and localities critical resources to help them respond to their affordable housing challenges, including both rental and homeownership needs, by targeting resources to low-income families.

If the HOME program is used for rental housing, at least 90% of units assisted throughout a jurisdiction must be for households with incomes of less than 60% of the area median income (AMI), with the remainder of assisted units for households with incomes of less than 80% of AMI. If there are more than five HOME-assisted units in a building, then 20% of the HOME-assisted units must be for households with incomes less than 50% of AMI. All assisted homeowners must earn less than 80% of AMI.

For more information, contact Ed Gramlich, Special Advisor, at [email protected] or 202.662.1530 x314, or Sarah Saadian, Senior Vice President of Public Policy and Field Organizing, at [email protected]. Members of the media should contact Renee Willis, Senior Vice for Racial Equity, Diversity, and Inclusion, at 202.662.1530 x247 or [email protected].

Attached Documents

The following documents are provided with this article:

HOME Investment Partnerships Program Resources

September 19, 2022

NLIHC Signs Letter to HUD on HOME Investment Partnerships Regulations

NLIHC and three other national housing organizations submitted a letter to HUD Secretary Marcia L. Fudge urging HUD to make regulatory improvements to the HOME Investment Partnerships Program (HOME). NLIHC, the National Alliance of Community and Economic Development Associations (NACEDA), Grounded…

October 4, 2021

HUD HOME Program Extends Waiver Deadlines

HUD’s Office of Affordable Housing Programs (OAHP) issued a memorandum on September 27 revising and extending six coronavirus-related waivers for the HOME Investment Partnerships (HOME) program. The waivers are effective as of September 30. OAHP, a division of HUD’s Office of Community Planning and…

December 14, 2020

HUD’s HOME Program Revises Tenant-Based Rental Assistance Waivers

HUD’s Office of Affordable Housing Programs, which administers the HOME Investment Partnership (HOME) program, issued a Memorandum on December 4 revising and extending an April 10 Memorandum containing waivers pertaining to the HOME program’s Tenant-Based Rental Assistance (TBRA) option. The April…