Home investment partnerships program

The Department of Housing and Urban Development (HUD), through its Assistant Secretary for Community Planning and Development, awarded the City of Hagerstown, Maryland a formula grant of $361,181.17 under the Home Investment Partnerships Program (CFDA 14.239) on September 19, 2025. This award will support affordable housing activities through September 30, 2034, including rehabilitation of owner-occupied housing, homebuyer assistance, and acquisition, rehabilitation, or construction of rental housing. The City of Hagerstown will utilize these funds as a participating jurisdiction to expand the supply of affordable housing for low- and very low-income residents.

Under this formula grant, the City of Hagerstown may undertake HOME-funded projects directly or provide funds to developers, owners, and other partners engaged in affordable housing activities. All assisted housing must meet income targeting and affordability requirements, with units remaining affordable for 5 to 20 years depending on the activity type and level of HOME funding contribution. As a formula grant recipient, the City of Hagerstown is required to submit five-year Consolidated Plans and annual Action Plans for HUD review, maintain compliance with applicable regulations, and keep records for five years beyond the required affordability periods to demonstrate program compliance.