Program / HOME

HOME Investment Partnerships Program

HUD's largest federal block grant designed exclusively to create affordable housing, distributed by formula to participating state and local jurisdictions. VerisGov maps the structure and keeps the moving parts current.

Coverage Funding programs

At a glance

Program
HOME Investment Partnerships Program (HOME).
Administering agency
U.S. Department of Housing and Urban Development (HUD), Office of Community Planning and Development.
Statutory authority
Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, as amended; program regulations at 24 CFR Part 92.
Funding mechanism
Formula block grant to participating jurisdictions, with a required nonfederal match and a set-aside for community housing development organizations.
Money flow
HUD allocates by formula to states, eligible local governments, and consortia, which fund housing activities directly and through nonprofits and developers.
Who has a stake
Low- and very-low-income renters and homebuyers; participating state and local jurisdictions; community housing development organizations; affordable-housing developers; and local nonprofit housing partners.

What it is

The HOME Investment Partnerships Program is a U.S. Department of Housing and Urban Development block grant created to expand the supply of decent, affordable housing for low- and very-low-income households. It is the federal government's largest block grant designed exclusively for affordable housing, and it gives state and local governments flexible funds to address the housing priorities they identify locally.

HOME operates as a formula grant. HUD distributes funds by a statutory allocation formula to participating jurisdictions, which are states, eligible local governments, and consortia of local governments that qualify to receive a direct HOME allocation. Participating jurisdictions must contribute a matching share of nonfederal resources and reserve a portion of funds for housing developed, sponsored, or owned by community housing development organizations.

Funds flow from HUD to participating jurisdictions, which in turn fund a wide range of housing activities, frequently in partnership with local nonprofit organizations and private developers. The program is governed by detailed affordability requirements, including income targeting and affordability periods that keep assisted units affordable for a set number of years.

Key facts

  • Program HOME Investment Partnerships Program (HOME).
  • Administering agency U.S. Department of Housing and Urban Development (HUD), Office of Community Planning and Development.
  • Statutory authority Title II of the Cranston-Gonzalez National Affordable Housing Act of 1990, as amended; program regulations at 24 CFR Part 92.
  • Funding mechanism Formula block grant to participating jurisdictions, with a required nonfederal match and a set-aside for community housing development organizations.
  • Money flow HUD allocates by formula to states, eligible local governments, and consortia, which fund housing activities directly and through nonprofits and developers.
  • Who has a stake Low- and very-low-income renters and homebuyers; participating state and local jurisdictions; community housing development organizations; affordable-housing developers; and local nonprofit housing partners.

What it funds

  • New construction, acquisition, and rehabilitation of affordable rental housing
  • Assistance to low-income homebuyers, including down payment and acquisition support
  • Rehabilitation of owner-occupied homes for income-eligible homeowners
  • Tenant-based rental assistance for eligible low-income households

Always current

What VerisGov keeps current

The facts above hold for years. These move, and they are where most of the work is. The engine tracks each one against its government source, so what you see is the live state, not a snapshot that quietly went out of date.

  • Annual appropriation level and the formula allocation amount any given participating jurisdiction receives
  • Whether a jurisdiction currently qualifies as a participating jurisdiction and its consolidated-plan funding cycle
  • Current match-reduction or waiver policies and the current community housing development organization set-aside requirements
  • Current income limits, maximum per-unit subsidy limits, and affordability-period lengths

How VerisGov covers it

The same engine runs on this program that runs on every domain: find the primary sources, verify and source-pin each fact, and productize it into something your team can use.

FIND

Find the primary sources

VerisGov pulls the program's governing records straight from the agencies that run it: the statute, the funding notices, the guidance, and every update as it posts.

VERIFY

Verify and source-pin each fact

Every figure, rule, and deadline is checked against its government source and pinned to it, so a claim on the page traces back to the document it came from. When a detail is uncertain, it stays qualitative.

PRODUCTIZE

Productize it for your team

The verified corpus becomes a navigator, dashboard, report, dataset, or custom build, shaped to how your team works and refreshed as the program moves.

Pinned to records published by

  • U.S. Department of Housing and Urban Development (HUD)
  • Participating state and local jurisdictions

Answers

Frequently asked questions

What is a participating jurisdiction?

A participating jurisdiction is a state, an eligible local government, or a consortium of local governments that qualifies to receive HOME funds directly from HUD by formula and to administer them for local affordable-housing priorities.

Can HOME funds be used for any kind of housing?

HOME funds affordable housing for low- and very-low-income households. Eligible activities include building, buying, and rehabilitating rental and owner housing and providing tenant-based rental assistance, all subject to income targeting and affordability requirements.

Do jurisdictions have to put in their own money?

Yes. Participating jurisdictions are generally required to contribute a matching share of nonfederal resources, and they must set aside a portion of their HOME allocation for community housing development organizations.

How does VerisGov help with the HOME program?

VerisGov maps the durable structure, the Cranston-Gonzalez basis, the formula and match, and the participating-jurisdiction model, and keeps the volatile details current: appropriations and allocations, jurisdiction status, match and set-aside policies, and income and subsidy limits. Every fact is pinned to its source.

Point the engine at this program.

Tell us what you need built and from which sources. You get a working product, every fact traceable.