Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of College Station $475,718 under the HOME Investment Partnerships Program (CFDA 14.239) on January 12, 2026.

HOME funds finance affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation or construction of rental housing, and tenant-based rental assistance. HOME-assisted housing must meet income targeting and affordability requirements and remain affordable to low-income households for 5, 10, 15, or 20 years depending on the activity type and funding contribution level. The city may undertake HOME projects directly or provide funds to developers, owners, or other partners.

The award obligates $475,718 with a period of performance through September 30, 2034, and place of performance in College Station, Texas. This is a formula grant distributed by HUD to states and local governments that qualify as participating jurisdictions; formula allocations cannot be appealed. The city maintains overlapping HOME allocations dating from September 2021 through September 2034, supporting affordable housing activities for low- and very low-income households across the community development portfolio.