The HOME Investment Partnerships Program (CFDA 14.239), a formula grant administered by the U.S. Department of Housing and Urban Development (HUD), awarded $467,255.78 to the City of Atlantic City, New Jersey on September 17, 2024. This funding is used to finance a range of affordable housing activities, including rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition and rehabilitation or construction of rental housing, and tenant-based rental assistance. The HOME program aims to expand the supply of decent, safe, and affordable housing for low- and very low-income households, with a requirement that participating jurisdictions reserve at least 15% of funding for projects developed by Community Housing Development Organizations. While the specific sub-recipient activities are not known at the time of award, the City of Atlantic City will utilize this HOME funding to address its affordable housing priorities identified in its Consolidated Plan and Annual Action Plan submitted to HUD.