Home investment partnerships program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Hampton $489,144.97 on December 5, 2025, under the HOME Investment Partnerships Program (CFDA 14.239), a formula grant for affordable housing activities. The award funds rehabilitation of owner-occupied housing, assistance to homebuyers, acquisition and rehabilitation or construction of rental housing, and tenant-based rental assistance to low-income households in Hampton, Virginia. HOME-assisted housing must meet affordability requirements and remain affordable for 5, 10, 15, or 20 years depending on the activity type and amount of HOME funding contributed. The period of performance runs through September 30, 2034. The City of Hampton receives the award as a participating jurisdiction and may undertake HOME projects directly or pass funds to developers, owners, or other affordable housing partners. The program, established in 1990 through the Cranston-Gonzalez National Affordable Housing Act, distributes funds by formula to states and local governments, with 40 percent allocated to states and 60 percent to localities.