Home investment partnerships program

Bergen County Department of Planning, Housing & Community Development Division received a formula grant award of $2,545,738.41 from the U.S. Department of Housing and Urban Development (HUD), Assistant Secretary for Community Planning and Development, under the Home Investment Partnerships Program (HOME, CFDA 14.239). The award was obligated on September 17, 2025, with a completion date of September 30, 2034.

The funding supports affordable housing activities serving low- and very low-income households in Bergen County, New Jersey. HOME funds are deployed to finance rehabilitation of owner-occupied housing, homebuyer assistance programs, acquisition and rehabilitation of rental housing, and tenant-based rental assistance. All HOME-assisted housing must meet federal income targeting requirements and affordability standards, with assisted units remaining affordable for 5 to 20 years depending on activity type and funding contribution level. Bergen County may implement projects directly or distribute funds to qualified developers, nonprofit organizations, and community partners to expand the supply of decent, affordable housing throughout the jurisdiction.