Home investment partnerships program

Lake County Community Economic Development Department received a $638,512.79 formula grant award on September 15, 2025, from the U.S. Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development through the Home Investment Partnerships Program (CFDA 14.239). This award supports the development and delivery of affordable housing activities in Crown Point, Indiana, through September 30, 2034.

Under this grant, Lake County Community Economic Development Department will finance a range of affordable housing initiatives, including rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and construction of rental housing, and tenant-based rental assistance for low- and very low-income households. All HOME-funded projects must comply with federal income targeting and affordability requirements, with housing units remaining affordable for 5 to 20 years depending on the activity type and funding contribution level. The department may undertake these activities directly or sub-award funds to developers, nonprofit organizations, and community partners to implement targeted housing solutions throughout Lake County.