Home investment partnerships program

The City of Evanston received a $309,221.66 formula grant award from the U.S. Department of Housing and Urban Development (HUD) under the Home Investment Partnerships Program (CFDA 14.239), effective September 22, 2025, with a completion date of September 30, 2034. This funding supports affordable housing development and rental assistance activities, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance to low-income households. All housing assisted through these funds must meet income targeting requirements and remain affordable for 5 to 20 years depending on the activity type and level of HOME funding contribution.

As a designated participating jurisdiction, the City of Evanston may undertake HOME-funded projects directly or distribute funds to developers, property owners, and other affordable housing partners within its jurisdiction. The city's Accounting Office Division serves as the administrative entity responsible for grant management and compliance, including submission of annual action plans, maintenance of required records for five years beyond affordability periods, and adherence to all program requirements established under 24 CFR Part 91. This award represents part of HUD's ongoing formula-based allocation to the city for advancing affordable housing supply and strengthening local housing development capacity.