The HOME Investment Partnerships Program (CFDA 14.239) is a formula grant from the U.S. Department of Housing and Urban Development that provides $960,968.29 to the Augusta-Richmond County Government as of February 27, 2025. This funding will be used to expand the supply of affordable housing, particularly rental housing, for low- and very low-income residents in the Augusta, Georgia metropolitan area. The grant supports a range of eligible activities including rehabilitation of owner-occupied housing, homebuyer assistance, and acquisition/construction of rental housing units. The funding requires that at least 15% of the allocation be reserved for projects developed by Community Housing Development Organizations, ensuring community involvement in affordable housing initiatives. This federal grant award is part of HUD's effort to strengthen the capacity of state and local governments to design and implement strategies for achieving adequate supplies of decent, safe, and affordable housing.