Home investment partnerships program

The City of Pontiac received a $433,685.59 formula grant award from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), effective September 24, 2025, with a completion date of September 30, 2034. This formula allocation supports affordable housing development and preservation activities for low- and very low-income households in Pontiac, Michigan, including rehabilitation of owner-occupied housing, homebuyer assistance programs, and acquisition and rehabilitation of rental housing units.

As a participating jurisdiction under the HOME program, the City of Pontiac will administer these funds in accordance with its Consolidated Plan and Annual Action Plans, which are subject to HUD review for compliance with program requirements. The funded housing activities must meet federal income targeting and affordability requirements, with assisted units remaining affordable for periods ranging from 5 to 20 years depending on the activity type and HOME funding contribution. The city may distribute portions of this funding through sub-awards to nonprofit organizations, developers, and community partners to implement local housing initiatives, and must maintain comprehensive records for five years beyond the required affordability periods to demonstrate compliance with program requirements.