Formula Grant M24UC010202

The Department of Housing and Urban Development (HUD) awarded a $797,223.94 formula grant under the Home Investment Partnerships Program (CFDA 14.239) to the County of Jefferson, Alabama on December 5, 2024. The HOME program provides grants to state and local governments to expand affordable housing opportunities for low- and very low-income households. Eligible activities include housing rehabilitation, homebuyer assistance, rental housing construction/acquisition, and tenant-based rental assistance. The County of Jefferson will use the HOME funds to acquire, construct, or rehabilitate affordable housing units and provide rental assistance to benefit households at or below 80% of the area median income, with at least 90% of tenants required to be at or below 60% of area median income. Per program requirements, the County must reserve at least 15% of HOME funds for projects developed by Community Housing Development Organizations and can use up to 10% for administration.