Formula Grant M25DC230201

HOME INVESTMENT PARTNERSHIPS PROGRAM AWARD SUMMARY

The City of Auburn Community Development Division received a formula grant award of $462,520.23 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the HOME Investment Partnerships Program (CFDA 14.239), effective September 25, 2025, with a completion date of September 30, 2034. This award supports the expansion and preservation of affordable housing for low and very low-income residents in Auburn, Maine, through eligible activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance.

As a designated participating jurisdiction, the City of Auburn will utilize these funds to implement housing activities consistent with its Consolidated Plan and annual Action Plans, which are subject to HUD review and must comply with applicable federal regulations. The assisted housing units must meet income targeting and affordability requirements, with units remaining affordable for periods of 5 to 20 years depending on the activity type and HOME funding contribution level. The city is required to maintain comprehensive records documenting compliance with program requirements for five years beyond the applicable affordability period.