Home investment partnerships program

The City of Norman received a $441,285.55 formula grant award 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 18, 2025. The award, with an ultimate completion date of September 30, 2034, funds affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance for low-income households in Norman, Oklahoma.

Under this formula grant, the City of Norman Finance Department will undertake all activities directly without subrecipient involvement. The funded housing must meet federal income targeting and affordability requirements, with assisted 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 Norman must comply with HUD planning requirements, including submission of Consolidated Plans and Annual Action Plans for HUD review, and maintain records for five years beyond the required affordability periods.