Home investment partnerships program

The Department of Housing and Urban Development, Assistant Secretary for Community Planning and Development, awarded the City of Sioux Falls $503,530.27 under the Home Investment Partnerships Program (CFDA 14.239) on December 9, 2025, with performance through September 30, 2034.

The HOME program expands the supply of affordable housing, particularly rental housing, for low and very low income residents. The City of Sioux Falls receives formula allocations to support affordable housing rehabilitation, homebuyer assistance, rental housing acquisition and construction, and tenant-based rental assistance. Work is performed in Sioux Falls, South Dakota.

The program distributes funds by formula to states and local governments based on population, poverty metrics, and other entitlement criteria. Participating jurisdictions must submit consolidated plans every five years and annual action plans each year, subject to HUD review for completeness and consistency with program purposes within 45 days of submission. Recipients must maintain records documenting compliance with program requirements for the most recent five-year period, plus an additional five years beyond the required affordability period under 24 CFR Part 91.