Home investment partnerships program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Burbank Housing and Economic Development Division $473,919.96 through the Home Investment Partnerships Program (CFDA 14.239) on December 11, 2025. The award will support rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance for low- and very low-income households in Burbank. Performance extends through September 30, 2034, with work performed in Burbank, California. HOME funding must support activities meeting income targeting and affordability requirements, with assisted housing remaining affordable to low-income households for 5, 10, 15, or 20 years depending on the activity type and amount of HOME funds contributed. The City of Burbank, a participating jurisdiction under the program, administers this formula allocation directly.