Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded Orange County, North Carolina, $375,939.67 under the HOME Investment Partnerships Program (CFDA 14.239) on March 9, 2026, for owner-occupied housing rehabilitation and rental assistance activities. The award obligates $375,939.67 with a period of performance through September 30, 2034, and place of performance in Hillsborough, North Carolina. HOME formula grants fund building, buying, and rehabilitating affordable housing for rent or homeownership, or providing direct rental assistance to low-income households. Participating jurisdictions must meet income-targeting and affordability requirements; HOME-assisted housing must remain affordable to low-income households for 5, 10, 15, or 20 years depending on the activity type and amount of HOME funding contributed. Orange County qualifies as a participating jurisdiction eligible for formula allocation under the program structure whereby 40 percent of HOME funds are allocated to states and 60 percent to localities.