Posted opportunity — confirm at source

HOME Investment Partnerships Program (HOME) 2024 Program Activities reopened NOFA

Department of Housing and Community Development · 164586

Eligibility details

Eligible applicants include cities and counties that do not receive HOME funds directly from HUD; Native American Entities; and state-certified CHDOs. See NOFA for more details on eligibility.

Matching funds & resources

Source matching-funds field: Not Required.

Matching funds and leveraged resources are different requirements. Read the description and reviewed rules below before determining resource commitments.

About this opportunity

The HOME Program is a federal formula grant program that provides annual allocations to states to increase and preserve the supply of decent, safe, and sanitary affordable housing specifically for serving low-income [at or below 80 percent (80%) of Area Median Income (AMI)] and very low-income [at or below 50 percent (50%) of AMI] households. This NOFA is to make available unclaimed HOME 2024 NOFA Program Activities funding, on an over-the-counter basis, until the next HOME Program Activities NOFA is released or funds are exhausted. With this funding, the Department will award HOME funds to eligible applicants on a first-come, first-served basis, in the form of loans/grants to fund Program Activities including first-time homebuyer programs, owner-occupied rehabilitation programs, and tenant-based rental assistance programs.

Funding geography: This funding is eligible for program activities to be located in only state HOME-eligible jurisdictions, and on Tribal lands.

Funding instrument: Grant; Loan. Issuing jurisdiction: California. This is not a geographic eligibility determination.