Home investment partnerships program

The City of Chico received a $573,286.57 formula grant from the Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), awarded on September 19, 2025, with an ultimate completion date of September 30, 2033. The grant funds affordable housing development and rental assistance activities administered through the City's Housing and Neighbor Services Department in coordination with the Fire Department.

Under this HOME program award, the City of Chico will utilize funding to support eligible 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 assisted housing units must meet HUD's income targeting and affordability requirements, with affordability periods ranging from 5 to 20 years depending on the activity type and level of HOME funding contribution. The City must maintain Consolidated Plans and annual Action Plans in accordance with 24 CFR Part 91 and preserve required program records for five years beyond the affordability period to demonstrate compliance with program requirements.