Federal Grant Award Summary

County of Mercer received a formula grant award of $665,872.76 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 January 26, 2026, with a completion date of September 30, 2034. The HOME program provides formula-based funding to expand the supply of affordable housing for low- and very low-income households through a range of eligible activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. County of Mercer will deploy these funds in Trenton, New Jersey, to implement affordable housing initiatives aligned with its Consolidated Plan and annual action plans submitted to HUD.

As a participating jurisdiction, County of Mercer is required to utilize the funding to create or preserve affordable housing units while meeting federal income targeting and affordability requirements, with assisted housing maintained as affordable for five to twenty years depending on the specific activity type. The county may coordinate housing projects directly or through sub-awards to developers, nonprofit organizations, and community partners to achieve program objectives. All expenditures and project outcomes must be documented and maintained in accordance with 24 CFR Part 91 requirements for the period of affordability plus five additional years.