Home investment partnerships program

The City of Lewisville, Texas received a formula grant award of $376,555.08 under the Home Investment Partnerships Program (CFDA 14.239), administered by the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development. The award, obligated on September 16, 2025, with a completion deadline of September 30, 2034, funds affordable housing activities designed to expand the supply of decent housing for low- and very low-income households. The HOME program supports a range of eligible housing activities, including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance, all of which must maintain affordability compliance for five to twenty years depending on activity type and funding contribution levels.

As a formula grant distributed through mandatory allocation rather than competitive solicitation, the City of Lewisville's award will support community development and affordable housing initiatives in the Lewisville, Texas area. The city may implement these activities directly or provide sub-awards to developers, nonprofit organizations, and community partners to carry out specific affordable housing projects. The grantee is required to maintain compliance with applicable federal regulations, submit Consolidated and Annual Action Plans to HUD, and maintain detailed records documenting program compliance for five years, plus an additional five years beyond required affordability periods.