Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the City of Danville, Virginia $295,693.29 under the Home Investment Partnerships Program (CFDA 14.239) on December 23, 2025. This formula grant funds affordable housing activities 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 to low-income households for 5, 10, 15, or 20 years depending on the activity type and level of HOME funding contributed. The award covers the period through September 30, 2034, with place of performance in Danville, Virginia. The city, as a participating jurisdiction, may undertake HOME projects directly or provide funds to developers and other affordable housing partners. Affordability targets and income-based restrictions apply to all projects funded under this allocation.