The U.S. Department of Housing and Urban Development (HUD) awarded a $490,236.69 HOME Investment Partnerships Program (CFDA 14.239) formula grant to the City of Las Cruces, New Mexico on September 20, 2024. The HOME program provides formula grants to state and local governments to expand affordable housing opportunities for low- and very low-income Americans. Eligible activities for the grant include rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction...
The U.S. Department of Housing and Urban Development (HUD) awarded a $3,144,833.37 Housing Trust Fund (CFDA 14.275) formula grant to the New Mexico Mortgage Finance Authority (Nmmfa) on September 20, 2024. This funding supports the expansion and preservation of affordable rental housing, with a focus on serving extremely low-income and very low-income households across New Mexico. As the state housing agency, Nmmfa collaborates with local governments, nonprofits, and housing authorities to...
The Department of Housing and Urban Development (HUD) awarded a $407,723 Home Investment Partnerships Program (CFDA 14.239) formula grant to the Northern Marianas Housing Corporation (NMHC) on November 7, 2024. The HOME program provides grants to state and local governments to fund affordable housing activities, including building, buying, and rehabilitating rental or homeownership housing, as well as providing direct rental assistance to low-income households. Through this grant, NMHC will...
The U.S. Department of Housing and Urban Development (HUD) awarded a $3,533,927 HOME Investment Partnerships Program (CFDA 14.239) formula grant to the New Hampshire Department of Health & Human Services (NH DHHS). The HOME program provides grants to state and local governments to expand affordable housing opportunities for low- and very low-income households through activities such as rehabilitating owner-occupied housing, assisting homebuyers, and acquiring, rehabilitating, or constructing...
The City of Albuquerque was awarded a $1,947,445 HOME Investment Partnerships Program (CFDA 14.239) formula grant by the U.S. Department of Housing and Urban Development. The HOME program provides grants to state and local governments to expand affordable housing opportunities for low- and very low-income individuals and families. The City of Albuquerque plans to use the HOME funds for a variety of eligible activities, including rehabilitation of owner-occupied housing, homebuyer assistance,...
The Department of Housing and Urban Development (HUD) awarded a $8,203,543 Home Investment Partnerships Program (CFDA 14.239) formula grant to the Minnesota Housing Finance Agency on September 4, 2024. The HOME program provides grants to state and local governments to fund a range of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, rental housing acquisition/construction, and tenant-based rental assistance. The program aims to expand the...
The Home Investment Partnerships Program (HOME) (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development, awarded a $23,907,179 formula grant on September 24, 2024. The grant provides funding to state and local governments to expand the supply of affordable housing, particularly rental housing, for low- and very low-income Americans. The grant recipients use the funds to acquire, rehabilitate, or construct affordable rental and owner-occupied housing, provide homebuyer...
The U.S. Department of Housing and Urban Development (HUD) awarded a $2,404,240.27 Home Investment Partnerships Program (CFDA 14.239) formula grant to the City of New Orleans on September 26, 2024. This grant, which runs through September 30, 2033, will enable the city to finance a range of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. By statute, the...
The U.S. Department of Housing and Urban Development (HUD) awarded the City of Santa Barbara a $494,563.70 HOME Investment Partnerships Program (CFDA 14.239) formula grant on September 23, 2024. The HOME program provides grants to state and local governments to expand affordable housing opportunities for low- and very low-income households. The City of Santa Barbara will use the HOME funds to finance a variety of affordable housing activities, including rehabilitation of owner-occupied...
The Department of Housing and Urban Development (HUD) awarded the City of Manchester, New Hampshire a $625,203.08 Home Investment Partnerships Program (CFDA 14.239) formula grant on August 27, 2024. The HOME program provides need-based grants to state and local governments to fund activities including building, buying, and/or rehabilitating affordable housing for rent or homeownership, as well as providing direct rental assistance to low-income people. Through this award, the City of...