The County of Gwinnett, Georgia has been awarded a $2,199,792.39 Formula Grant from the U.S. Department of Housing and Urban Development (HUD) under the Home Investment Partnerships Program (CFDA 14.239). This grant, with an award date of October 25, 2024 and a performance period ending September 30, 2033, will support the county's efforts to expand the supply of affordable rental housing for low- and very low-income residents.
The Home Investment Partnerships Program is a formula grant initiative that provides funding to state and local governments to design and implement strategies for creating decent, safe, and affordable housing, with a focus on increasing rental housing options for economically disadvantaged populations. As a recipient of this grant, the County of Gwinnett will utilize the funds to undertake a range of housing activities, including rehabilitation of owner-occupied homes, homebuyer assistance, and the acquisition and construction of new rental units. At least 15% of the grant allocation must be reserved for projects developed by Community Housing Development Organizations, ensuring community involvement in the county's affordable housing initiatives.