Home Investment Partnerships Program

The HOME Investment Partnerships Program (HOME) was signed into law as Title II of the Cranston Gonzalez National Affordable Housing Act in 1990.  Since 1992, almost 400,000 affordable housing units have been acquired, constructed or rehabilitated, and nearly 72,000 tenants have received direct rental assistance through the HOME Program.  The HOME program helps to expand the supply of decent, affordable housing for low and very low-income families by providing grants to States and local governments which they may use to fund housing programs that meet local needs and priorities for affordable housing.  These recipients have great flexibility in designing their local HOME programs within the guidelines established by the U.S. Department of Housing and Urban Development (HUD).  The City may use HOME funds to help renters, new homebuyers or existing homeowners.  The HOME program establishes HOME Limits for rents, income, purchase price and per unit subsidies. 

For additional information on HOME, visit HUD's website at:  www.hud.gov/offices/cpd/affordablehousing/programs/home/index.cfm