Home investment partnerships program

The City of Muncie received a formula grant award of $508,762.11 from the U.S. Department of Housing and Urban Development (HUD), Community Planning and Development division, under the Home Investment Partnerships Program (CFDA 14.239), effective September 11, 2025, with a completion date of September 30, 2034. This funding supports affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance to low-income households in Muncie, Indiana.

As a participating jurisdiction under the HOME program, the City of Muncie will utilize these formula-allocated funds to expand the supply of affordable housing and strengthen local capacity to design and implement housing strategies. All HOME-funded activities must comply with federal income targeting requirements and maintain housing affordability for periods ranging from 5 to 20 years depending on the activity type and level of HOME funding contribution. The city may undertake projects directly or distribute funds to developers, nonprofit organizations, and community partners to implement eligible affordable housing initiatives. Per program requirements, the city must submit Consolidated and Annual Action Plans to HUD, maintain compliance with applicable regulations, and retain records documenting program compliance for five years plus an additional five years beyond required affordability periods.