The Department of Housing and Urban Development (HUD) awarded a $528,736.15 Home Investment Partnerships Program (CFDA 14.239) formula grant to the City of Bellingham, Washington on August 29, 2024. The HOME program provides grants to state and local governments to expand affordable housing options for low- and very low-income residents, including through housing rehabilitation, homebuyer assistance, rental housing acquisition/construction, and tenant-based rental aid. The grant funding will support Bellingham's affordable housing initiatives that align with the city's five-year consolidated plan and annual action plan submitted to HUD. By statute, at least 15% of the HOME grant must be reserved for projects developed by Community Housing Development Organizations to ensure community involvement. The program's performance period runs through September 30, 2033 with expected outcomes including newly constructed/rehabilitated affordable housing units and provision of rental assistance to low-income households.