The City of Irving received a $773,405.05 formula grant award on September 22, 2025, from the Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development under the Home Investment Partnerships Program (CFDA 14.239). This award funds affordable housing initiatives designed to expand the supply of decent, affordable housing—particularly rental housing—for low and very low-income residents. The grant supports eligible activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance, with all assisted units required to remain affordable for 5 to 20 years depending on activity type and funding contribution levels.
As a participating jurisdiction in the HOME program, the City of Irving must develop and implement its housing strategy through a five-year Consolidated Plan and annual Action Plans submitted for HUD review within 45 days of receipt. The city is responsible for maintaining comprehensive records for five years beyond the affordability period to document compliance with program requirements under 24 CFR Part 91. The award extends through September 30, 2034, providing Irving with resources to address local affordable housing needs through the federally-mandated formula allocation mechanism.