Home investment partnerships program

The City of Syracuse, through its Neighborhood and Business Development Division, received a $1.28 million formula grant allocation from the Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239), obligated on September 22, 2025, with an ultimate completion date of September 30, 2034. The award funds affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance for low-income households in Syracuse, New York.

All housing assisted through HOME funding must meet income targeting and affordability requirements, with units remaining affordable for 5 to 20 years depending on the type of activity and level of HOME funding contribution. As a participating jurisdiction, the City of Syracuse may undertake HOME projects directly or provide funds to developers, owners, and other partners to implement these affordable housing initiatives. The jurisdiction is required to maintain records documenting compliance with program requirements for five years beyond the affordability period and must submit annual action plans and certifications for HUD review.