Home investment partnerships program

The Department of Housing and Urban Development Assistant Secretary for Community Planning and Development awarded the City of Newport News $794,525.14 under the HOME Investment Partnerships Program (CFDA 14.239) on February 18, 2026.

The award funds affordable housing activities for low- and very low-income households, including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. 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.

Performance extends through September 30, 2034, with work taking place in Newport News, Virginia 23607. The City of Newport News, a municipal government entity and federal grant recipient across multiple program areas, receives this award as a participating jurisdiction. The city may undertake HOME projects directly or provide funds to developers, owners of affordable housing, or other partners; participating jurisdictions must follow 24 CFR Part 91 and maintain records documenting compliance for the most recent five-year period, with affordability documentation retained for five years beyond the required period.