Home investment partnerships program

The City of St. Louis Community Development Administration received a formula grant award of $2,478,574.21 from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the HOME Investment Partnerships Program (CFDA 14.239), effective September 25, 2025, with a completion date of September 30, 2034. This formula allocation supports the expansion of affordable housing supply, particularly rental housing, for low- and very low-income residents in St. Louis, Missouri.

The grant funds eligible affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. All assisted housing units must meet federal income targeting requirements and maintain affordability for periods ranging from 5 to 20 years, depending on the specific activity type and level of HOME funding contribution. As a participating jurisdiction, the City of St. Louis is required to implement these activities in accordance with its Consolidated Plan and Annual Action Plan, which are subject to HUD review within 45 days of submission, and must maintain comprehensive program records for five years beyond the required affordability periods.