Formula Grant M24MC060565

The Department of Housing and Urban Development (HUD) awarded the City of San Bernardino a $1,160,207.94 Formula Grant under the Home Investment Partnerships Program (CFDA 14.239) on September 26, 2024. The HOME program provides formula grants to state and local governments to fund a wide range of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, rental housing acquisition and construction, and tenant-based rental assistance.

The City of San Bernardino, as the primary grant recipient, will use the HOME funds to support its affordable housing initiatives. This may include rehabilitating owner-occupied housing, providing assistance to homebuyers, and acquiring, rehabilitating, or constructing rental housing for low-income households. At least 15% of the HOME funds must be reserved for projects owned, developed, or sponsored by Community Housing Development Organizations (CHDOs). Additionally, the city may use up to 10% of the grant for program administration.

The city also awarded a $XX,XXX sub-grant to Neighborhood Partnership Housing Services (NPHS) to implement an Owner-Occupied Rehabilitation Program (OORP). This program will provide deferred payment loans of up to $40,000 per household to assist income-eligible homeowners in the city to improve their homes' living conditions and meet local health and safety code requirements.