Home investment partnerships program

The City of Canton, Ohio received a formula grant award of $659,234.32 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) on September 15, 2025. This award will support affordable housing activities through the city's Department of Community Development, with an ultimate completion date of September 30, 2034. Formula allocations under this program are distributed to eligible state and local governments based on statutory formulas and cannot be appealed.

The HOME funds will be utilized to finance a comprehensive range of affordable housing activities benefiting low- and very low-income households in Canton, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance to eligible tenants. All HOME-assisted housing must meet federal income targeting requirements and maintain affordability for 5 to 20 years depending on the activity type and level of HOME funding contribution. The City of Canton may implement these housing initiatives directly or provide funding through sub-awards to developers, nonprofit organizations, and community partners, consistent with program requirements outlined in 24 CFR Part 91.