The City of Salinas received a HOME Investment Partnerships Program (CFDA 14.239) formula grant award of $791,387.44 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development, effective September 19, 2025, with a completion deadline of September 30, 2034. This funding supports affordable housing development and preservation activities in Salinas, California, including owner-occupied housing rehabilitation, homebuyer assistance, rental housing acquisition and rehabilitation, and tenant-based rental assistance for low and very low-income households.
As a participating jurisdiction under the HOME program, the City of Salinas is required to maintain affordability standards for all assisted units for periods of 5 to 20 years, depending on the activity type and level of HOME funding contribution. The city must comply with federal requirements including submission of five-year Consolidated Plans and annual Action Plans for HUD review, as well as maintenance of records documenting program compliance for five years beyond the affordability period. This award reflects the city's established capacity to manage federal housing grants, consistent with its prior HOME allocations totaling over $1.5 million cumulatively.