Home investment partnerships program

The Town of Amherst received a formula grant award of $838,599.85 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, obligated on September 16, 2025, with a completion date of September 30, 2034, supports the Town's affordable housing initiatives in the Buffalo, New York area. The HOME program funds eligible activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance for low- and moderate-income residents.

As an established participating jurisdiction since 2021, the Town of Amherst will utilize these formula-allocated funds to expand the supply of affordable housing and strengthen local capacity to design and implement housing strategies. All housing assisted under this award must meet income targeting requirements and remain affordable for 5 to 20 years depending on the activity type and HOME funding contribution. The Town is obligated to maintain comprehensive records for five years beyond the affordability period and must submit annual Action Plans and five-year Consolidated Plans for HUD review in accordance with 24 CFR Part 91.