Home investment partnerships program

The City of Hammond received a formula grant award of $468,559.32 from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the HOME Investment Partnerships Program (CFDA 14.239). The award, effective September 22, 2025, with a completion date of September 30, 2034, supports affordable housing development and related activities in Hammond, Indiana. Under this program, the city utilizes funding to rehabilitate owner-occupied housing, provide homebuyer assistance, acquire and rehabilitate rental housing, and deliver tenant-based rental assistance to low and very low-income households. All housing assisted through these funds must meet HUD's income targeting and affordability requirements, with assisted units remaining affordable for five to twenty years depending on the specific activity type and extent of HOME funding contribution.

As a participating jurisdiction in the HOME program, the City of Hammond is responsible for maintaining comprehensive planning and compliance documentation, including five-year Consolidated Plans and annual Action Plans subject to HUD review within forty-five days of submission. The city must retain records for five years beyond the affordability periods to demonstrate compliance with program requirements under 24 CFR Part 91. This formula allocation, distributed based on the program's statutory formula rather than competitive application, reflects Hammond's ongoing participation in HUD's affordable housing initiatives designed to expand the supply of decent, safe housing for low-income Americans.