Home investment partnerships program

The City of Richland received a $645,306.39 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), dated September 24, 2025, with a completion date of September 30, 2034. The HOME program distributes need-based formula grants to eligible states and local governments to fund affordable housing activities and rental assistance for low-income households.

Under this award, the City of Richland will utilize HOME funds to support a range of affordable housing activities, which may include rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. All housing assisted through HOME funding must meet income targeting and affordability requirements, with units remaining affordable to low-income households for 5 to 20 years depending on the activity type and level of HOME funding contribution. The city may undertake these projects directly or provide funds to developers, owners, and other partners. The award is subject to standard HOME program compliance requirements, including submission of Consolidated and Annual Action Plans for HUD review and maintenance of records documenting program performance and affordability periods.