The City of Palmdale received a formula grant allocation of $478,371.96 under the Home Investment Partnerships Program (CFDA 14.239), administered by the Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The award, made on September 25, 2025, with an ultimate completion date of September 30, 2034, supports affordable housing expansion activities in Lake Los Angeles, California. The funds are designated for rehabilitation of owner-occupied housing, homebuyer assistance, and acquisition and rehabilitation of rental housing.
As a participating jurisdiction under the HOME program, the City of Palmdale is obligated to ensure that all assisted housing meets income targeting and affordability requirements, with units remaining affordable for periods ranging from 5 to 20 years depending on the activity type and funding contribution level. The city must maintain comprehensive documentation of program activities and affordability compliance for five years beyond the required affordability periods, consistent with 24 CFR Part 91 requirements governing formula grant administration.