Home investment partnerships program

The County of Travis received a $566,563.83 formula grant award from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Home Investment Partnerships Program (CFDA 14.239). The award, effective May 7, 2025, through September 30, 2033, supports the expansion of affordable housing supply for low- and very low-income residents in the Austin, Texas area. Under this program, Travis County will deploy funds 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 for low-income households.

All HOME-funded projects undertaken by Travis County must comply with income targeting and affordability requirements, with assisted housing remaining affordable to eligible low-income households for periods ranging from five to twenty years depending on the activity type and level of HOME funding contribution. As a participating jurisdiction, Travis County may execute housing projects directly or distribute HOME funds to developers, nonprofit organizations, and other qualified partners to achieve program objectives. The county is required to maintain comprehensive records documenting program compliance for a five-year period, with additional documentation of affordability periods maintained for five years beyond the required affordability term.