Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of Shreveport Department of Community Development $795,619.39 under the HOME Investment Partnerships Program (CFDA 14.239) on December 5, 2025.

The HOME program provides formula grants to participating jurisdictions for building, buying, and rehabilitating affordable housing for rent or homeownership, and for providing direct rental assistance to low-income households. Funds support a range of activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. HOME-assisted housing must meet affordability requirements and remain affordable to low-income households for 5, 10, 15, or 20 years depending on the activity type and amount of HOME funding contributed.

The City of Shreveport, a participating jurisdiction eligible under the formula allocation structure, will undertake HOME activities in Shreveport, Louisiana through September 30, 2034. The municipality may perform projects directly or pass HOME funds to developers, owners, and other partners. Participating jurisdictions must follow 24 CFR Part 91 and maintain records documenting compliance with program requirements for the most recent five years, with affordability documentation records retained for five years beyond the required affordability period.