Home investment partnerships program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Providence $1,414,533.27 under the HOME Investment Partnerships Program (CFDA 14.239) on December 5, 2025. The award funds affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance to low-income households in Providence, Rhode Island. HOME-assisted housing must remain affordable for 5, 10, 15, or 20 years depending on the activity type and level of HOME funding contributed. The City of Providence may undertake projects directly or distribute HOME funds to developers, owners, and other partners. The period of performance extends through September 30, 2034. As a formula grant recipient, the City of Providence must submit annual action plans and certifications, maintain records for the most recent five-year period, and document affordability compliance for five years beyond the required affordability period.