Home investment partnerships program

The City of Cleveland's Department of Community Development received a formula grant award of $4,257,956.71 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 12, 2025, through September 30, 2034. This funding supports the expansion of affordable housing supply for low- and very low-income households in Cleveland, Ohio.

The grant funds a comprehensive range of affordable housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance. All HOME-funded projects must comply with federal income targeting requirements and maintain affordability standards for five to twenty years, depending on the activity type and funding contribution level. The City of Cleveland may undertake these housing activities directly or provide funds to developers, nonprofit organizations, and community partners to implement affordable housing initiatives that address housing stability and improve living conditions for vulnerable populations throughout the jurisdiction.