Home investment partnerships program

The City of Jamestown received $313,259.90 in formula grant funding through the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The award, obligated on September 12, 2025, with a completion deadline of September 30, 2034, supports affordable housing activities designed to serve low- and very low-income households in the Jamestown, NY area. HOME funds may be deployed for rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance, with all funded housing required to remain affordable to low-income households for periods ranging from five to twenty years depending on the activity type and level of HOME contribution.

As a participating jurisdiction under the HOME program, the City of Jamestown may undertake eligible housing activities directly or distribute funds to developers, nonprofit organizations, and community partners to implement affordable housing initiatives. The city's historical grant portfolio demonstrates experience with affordable housing initiatives through prior partnerships with entities such as Chautauqua Home Rehabilitation and Improvement Corporation, suggesting capacity to effectively deploy these formula resources to expand the local affordable housing supply and strengthen community development outcomes.