Formula Grant M24UC390214

Franklin County Board of Commissioners received a $815,406.18 formula grant award dated June 9, 2026, from the U.S. Department of Housing and Urban Development (HUD) under the Home Investment Partnerships Program (CFDA 14.239). This award, with an ultimate completion date of September 30, 2033, supports the expansion of affordable housing supply for low- and very low-income households within Franklin County, Ohio. The funding finances a range of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation or construction of rental housing, and tenant-based rental assistance to eligible households.

Under the HOME program's requirements, all housing assisted through this funding must meet specified affordability standards and remain affordable to low-income households for 5 to 20 years depending on the activity type and level of HOME contribution. Franklin County, as a participating jurisdiction, may undertake HOME-funded projects directly or distribute funds to developers, nonprofit organizations, and community partners to implement affordable housing initiatives. The county must maintain compliance with applicable federal regulations, submit required Consolidated Plans and annual action plans to HUD, and maintain program documentation records for five years plus an additional five years beyond the required affordability period.