Home investment partnerships program

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded $403,479.96 to the County of Monterey Housing & Community Development Division on February 24, 2026, under the Home Investment Partnerships Program (CFDA 14.239).

The award funds expansion of affordable housing supply for low- and very low-income households in Monterey County through rehabilitation of owner-occupied housing, homebuyer assistance, acquisition and construction of rental housing, and tenant-based rental assistance. The County of Monterey, as a participating jurisdiction, deploys HOME funds directly or provides sub-awards to developers, nonprofit organizations, and community partners to implement these activities. Projects funded through this award must meet HUD income targeting and affordability requirements, with assisted housing remaining affordable to low-income households for five to twenty years depending on activity type and the amount of HOME funding contributed.

The award period runs through September 30, 2034, with place of performance in Salinas, California. This is a formula grant, one of two HOME and Community Development Block Grant (CDBG) awards the County of Monterey has received since 2013, totaling $24.1 million in obligated federal dollars across 19 awards.