Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of Peoria, Finance Department Division, $596,655.96 under the HOME Investment Partnerships Program (CFDA 14.239) on January 14, 2026.

The HOME program funds the expansion of affordable housing supply, particularly rental housing, for low and very low income Americans and strengthens local government capacity to design and implement strategies for achieving adequate supplies of decent housing. Formula allocations to states and cities cannot be appealed.

The award carries a period of performance through September 30, 2034, with place of performance in Peoria, Illinois. The City of Peoria operates as a prime recipient of the award and does not pass funding through to sub-recipients under this grant. As a formula recipient, the city must submit a Consolidated Plan every fifth year and annual action plans and certifications each year, with HUD review for completeness and consistency within 45 days of submission. The city is required to maintain records documenting program compliance for the most recent five-year period, with records supporting the affordability period maintained for five years beyond that requirement period.