Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of Santa Cruz $255,978.30 under the HOME Investment Partnerships Program (CFDA 14.239) on December 22, 2025. The award, a formula grant, carries a period of performance through September 30, 2034, and is designated for Santa Cruz, California.

The HOME Investment Partnerships Program expands the supply of affordable housing, particularly rental housing, for low and very low income Americans and strengthens local government capacity to design and implement strategies for achieving adequate supplies of decent housing. Formula allocations to states, cities, urban counties, and eligible consortia may not be appealed. Participating jurisdictions must submit Consolidated Plans every five years and annual action plans; HUD reviews submissions for completeness and consistency with program purposes within 45 days of receipt. Grantees must maintain records documenting compliance with program requirements for the most recent five-year period, with affordability documentation retained for five years beyond that required retention window.

The City of Santa Cruz has received HOME formula grants consistently since 2021, with this 2025 award representing part of the city's recent activity supporting affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, rental housing acquisition and construction, and tenant-based rental assistance.