Federal Grant Award Summary

The City of Oxnard received a $599,010.76 formula grant award 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 January 7, 2026, with a completion date of September 30, 2034. The HOME program provides formula-based funding to state and local governments to expand the supply of affordable housing for low- and very low-income residents through activities including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance.

The City of Oxnard Finance Division will deploy these funds in accordance with its Consolidated Plan and Annual Action Plan submitted to HUD to support affordable housing development and related activities within the municipality. As a participating jurisdiction, the city is required to ensure that all HOME-funded housing projects meet income targeting requirements and maintain affordability for low-income households for five to twenty years depending on the activity type. The city may implement housing initiatives directly or through sub-award arrangements with developers, nonprofit organizations, and community partners to achieve program objectives while maintaining comprehensive documentation and reporting requirements throughout the grant performance period.