Home investment partnerships program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Pomona $743,183.24 under the Home Investment Partnerships Program (CFDA 14.239) on December 11, 2025.

The City of Pomona will use HOME funds to finance affordable housing activities including rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. HOME-assisted housing must remain affordable to low-income households for 5, 10, 15, or 20 years depending on the activity type and the level of HOME funding contributed. Performance extends through September 30, 2034, with place of performance in Pomona, California.

The HOME program distributes need-based formula grants to states and local governments. Participating jurisdictions may undertake HOME projects directly or pass funds to developers, owners, or other affordable housing partners. Jurisdictions must follow 24 CFR Part 91 planning requirements and maintain records documenting compliance for the five-year affordability period plus an additional five years.