Home investment partnerships program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Redding Housing Division $336,410.24 under the Home Investment Partnerships Program (CFDA 14.239) on December 9, 2025, as a formula grant.

The HOME program provides need-based formula funding to states and local governments for activities including building, buying, and rehabilitating affordable housing for rent or homeownership, and providing direct rental assistance to low-income people. HOME-assisted housing must meet affordability requirements and remain affordable for 5, 10, 15, or 20 years depending on the activity type and amount of HOME funding contributed.

The award obligates $336,410.24 for performance through September 30, 2034, at the City of Redding Housing Division in Redding, California. As a participating jurisdiction under the HOME program, the City of Redding may undertake projects directly or pass funds to developers and other affordable housing partners. The participating jurisdiction must comply with 24 CFR Part 91, maintain records documenting program compliance for the most recent five-year period, and retain affordability documentation for five years beyond the required affordability period.