Home investment partnerships program

The Lexington-Fayette Urban County Government (LFUCG) received a $1,208,318.89 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 17, 2025, with a completion deadline of September 30, 2034. This allocation supports LFUCG's efforts to expand the supply of affordable housing in Lexington, Kentucky, through a range of housing development and assistance activities.

Under this award, LFUCG will utilize HOME funds to finance affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance for low- and very low-income households. All HOME-funded projects must comply with federal income targeting requirements and maintain affordability for five to twenty years depending on the activity type and level of HOME funding contribution. LFUCG may undertake these housing initiatives directly or provide HOME funds to developers, nonprofit organizations, and other community partners. As a participating jurisdiction, LFUCG is required to maintain records documenting program compliance and submit annual action plans to HUD for oversight and compliance review.