Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the Town of Babylon a formula grant of $385,464.29 under the Home Investment Partnerships Program (CFDA 14.239) on September 17, 2025, with a completion date of September 30, 2034. This award supports affordable housing expansion and homebuyer assistance initiatives, as well as rental housing construction or rehabilitation projects targeted to low- and very low-income residents in Lindenhurst, New York.

The HOME program distributes formula-based allocations to eligible participating jurisdictions—states, cities, urban counties, and consortia of local governments—to expand the supply of affordable rental housing and strengthen local capacity for housing strategies. As a participating jurisdiction, the Town of Babylon must submit five-year Consolidated Plans and annual Action Plans for HUD review, maintain records consistent with 24 CFR Part 91 requirements, and ensure all assisted housing units meet income targeting and affordability thresholds for periods ranging from 5 to 20 years depending on the activity type and funding contribution.