Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded $10.892 million to the Alabama Housing Finance Authority on December 5, 2025, under the HOME Investment Partnerships Program (CFDA 14.239).

The award funds affordable housing activities including rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance to low-income households throughout Alabama. 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 funding contribution level.

The Alabama Housing Finance Authority, a state housing authority designated as a participating jurisdiction for HUD affordable housing programs, administers the award with a place of performance in Montgomery, Alabama. The period of performance extends from December 5, 2025, through September 30, 2034.

The HOME Investment Partnerships Program provides formula-based grants to states and local governments to expand the supply of affordable housing, particularly rental housing, for low- and very-low-income Americans. Participating jurisdictions undertake HOME projects directly or provide funds to developers, owners, and partners. Formula allocations are distributed annually to states (40 percent) and localities (60 percent) based on need-based criteria and cannot be appealed.