Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of Modesto $800,215.37 under the Home Investment Partnerships Program (CFDA 14.239) on November 21, 2025. The award funds affordable housing activities including rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition, rehabilitation or construction of rental housing, and tenant-based rental assistance. HOME-assisted housing must meet affordability requirements and remain affordable to low-income households for 5, 10, 15, or 20 years depending on the activity type and amount of HOME funding contributed. The performance period extends through September 30, 2034, with place of performance in Modesto, California. The City of Modesto, a participating jurisdiction under the HOME program, undertakes projects directly or provides HOME funds to developers, owners of affordable housing, or other partners. Formula allocations under HOME are distributed annually to states and local governments; 40 percent flows to states and 60 percent to localities. The recipient jurisdiction must submit a Consolidated Plan every fifth year and an Annual Action Plan annually, with HUD review for completeness and consistency within 45 days of receipt.