Home investment partnerships program

The City of Flint received $653,710.41 under the Home Investment Partnerships Program (CFDA 14.239) from the Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development, with an award date of September 18, 2025, and ultimate completion date of September 30, 2034. This formula grant funds affordable housing initiatives including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance for low and very low-income residents. All housing assisted through this grant must meet federal income targeting and affordability requirements, with funded units remaining affordable for 5 to 20 years depending on the activity type and HOME funding contribution.

As a designated participating jurisdiction, the City of Flint will deploy these funds in accordance with its Consolidated Plan and Annual Action Plan, subject to HUD review and compliance with 24 CFR Part 91 requirements. The city will maintain comprehensive records for five years beyond each affordability period to document program compliance and outcomes. This funding supports Flint's broader community development strategy addressing affordable housing shortages and supporting economic stability for low-income households within the municipality.