Home investment partnerships program

The City of Mountain View received a $237,782.16 Formula Grant award under the U.S. Department of Housing and Urban Development's (HUD) HOME Investment Partnerships Program (CFDA 14.239). The HOME Program provides need-based grants to state and local governments to fund the development and preservation of affordable housing for low-income households through activities such as rehabilitation of owner-occupied housing, homebuyer assistance, rental housing construction and rehabilitation, and tenant-based rental assistance.

The City of Mountain View, as the primary awardee, will use the HOME funds to finance a variety of affordable housing initiatives that must adhere to HUD's income targeting and affordability requirements. The award has a performance period from November 6, 2024 to September 30, 2033. The City of Mountain View will undertake these HOME projects directly or provide the funding to developers, owners of affordable housing, or other partners. The Mountain View Police Department, as a sub-recipient, may also utilize a portion of the HOME funds to support related community development and infrastructure improvement efforts.