Federal Grant Award Summary

The City of Rockford received $961,680.65 in formula grant funding awarded on January 28, 2026, under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. This award supports the expansion of affordable housing supply for low- and very low-income residents through a range of housing development and assistance activities. The grant funds activities including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance to qualifying households. All HOME-funded projects must meet federal income targeting and affordability requirements, with assisted housing remaining affordable to low-income households for five to twenty years depending on the activity type and funding contribution level.

Under this nine-year award period concluding September 30, 2034, the City of Rockford will deploy funds either directly or through partnerships with developers, nonprofit organizations, and community partners to implement affordable housing initiatives. As a participating jurisdiction, the city is required to submit Consolidated Plans and annual action plans to HUD detailing how funds will be allocated and deployed. This formula-based allocation reflects HUD's distribution methodology, whereby sixty percent of national HOME funds are directed to localities such as Rockford, positioning the city to address local affordable housing needs and strengthen community housing infrastructure.