Home investment partnerships program

The City of Alhambra received a formula grant award of $404,283.32 from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), effective September 16, 2025, with an ultimate completion date of September 30, 2034. This funding supports affordable housing initiatives designed to expand the supply of decent housing for low and very low-income residents in Alhambra, California.

The award funds eligible housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. All housing units assisted through this grant must meet HUD's income targeting and affordability requirements, with assisted units remaining affordable for periods ranging from 5 to 20 years depending on the specific activity type and HOME funding contribution. As a participating jurisdiction, the City of Alhambra is required to comply with HUD planning and reporting requirements, including submission of five-year Consolidated Plans and annual Action Plans for HUD review within 45 days of receipt, and must maintain documentation records for five years beyond the affordability period for each assisted unit.