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 the jurisdiction must be for households with income less than 60% of the area median income (AMI), with the remainder for households up to 80% 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 income less than 50% of AMI. All assisted homeowners must be below 80% of AMI.

For more information, contact Ed Gramlich, Special Advisor, at [email protected] or 202.662.1530 x314, or Sarah Saadian Mickelson, Senior Director of Policy, at [email protected]. Members of the media should contact Renee Willis, Vice President for Field and Communications, at 202.662.1530 x247 or [email protected].

Attached Documents

The following documents are provided with this article:

HOME Investment Partnerships Program Resources

January 21, 2020

HUD Provides Online Version of Building HOME

HUD announced on January 13, a new online version of Building Home, a 12-module training program about the HOME Investment Partnerships Program. The Building HOME online training is an interactive guide providing the HOME program’s regulatory requirements and practical advice for implementing all…

September 23, 2019

HUD Publishes Proposed Rules to Implement Several HOTMA Provisions

HUD published on September 17 proposed changes to the regulations for the public housing, Housing Choice Voucher, and Section 8 project-based rental assistance programs, implementing income-calculation and income-review changes required by the “Housing Opportunity Through Modernization Act of 2016…

January 7, 2019

HUD Offers HOME Program Training Webinars

HUD's Office of Affordable Housing Programs (OAHP) is offering a “Building HOME” webinar training series. The training series will provide an overview of the HOME Investment Partnerships Program (HOME), including the latest requirements in the HOME regulations. Participants will become familiar…