Home investment partnerships program

The County of Beaufort received a $599,446.83 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, obligated on September 12, 2025, with a completion deadline of September 30, 2034, supports the development and preservation of affordable housing for low- and very low-income households in Beaufort, South Carolina. As a participating jurisdiction under the HOME program, the county utilizes these funds to finance a broad range of housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance to eligible households.

HOME-funded projects administered by Beaufort County must comply with federal income targeting requirements and maintain affordability standards for 5 to 20 years depending on the activity type and level of HOME funding contribution. The county may undertake projects directly or distribute funds through sub-awards to developers, nonprofit organizations, and community partners to implement affordable housing initiatives. Since the program's inception in 1990, HOME has distributed over $41 billion nationally to create more than 1.388 million affordable housing units and provide rental assistance to over 422,000 households.