The City of Auburn, Maine has received a $428,732.84 formula grant award on August 27, 2024 from the U.S. Department of Housing and Urban Development (HUD) under the Home Investment Partnerships Program (CFDA 14.239). This program provides formula grants to state and local governments to expand affordable housing opportunities for low- and very low-income Americans. The City of Auburn will use the HOME funds to support a variety of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. At least 15% of the HOME funding must be reserved for projects owned, developed, or sponsored by Community Housing Development Organizations (CHDOs) to ensure grassroots community involvement. The City's activities under this award will be implemented over a performance period extending to September 30, 2033 and must meet HUD's income targeting and affordability requirements.